Demand Keeps Growing for Watches and Jewelry in US

(IDEX Online) - Total sales of jewelry and watches in the US kept climbing in August, up by 9.3 per cent. That's the biggest monthly increase for four years. The July figure has been revised down from 9.0 per cent to 7.5 per cent, based on through-the-till transactions, rather than estimates.  Revised sales for June were actually slightly higher, up from 3.7 per cent to 3.9 per cent.

Three months of increase, from June to August, follow a record 50 per cent plunge in April - worse than the 1929 Wall Street Crash.

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