Luxury Goods: Swiss watch exports decreased 2.5% in February 2013

News published on March Thursday 21, 2013
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Swiss watch exports have declined by 2.5% in February 2013 to CHF1.6bn on a relatively challenging comparison base (Swiss watch exports grew 19% in February 2011) after +11% in January 2013 and
-5.6% in December 2012. Exports to Greater China decreased by 27% in February 2013 after +3.7% in January 2013 and -20% in December 2012, on a tougher comparison base (+52% in February 2012 versus +33% in January 2012 and +24% in December 2011).

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