Swiss watch exports were up 8.5% in September to CHF1.900bn following a 0.5% increase in August and +2.2% in July. The rebound was mainly driven by an extra selling day and more favourable comps (Swiss watches exports fell 3% in September 2012). Shipments to Greater China even rose 6.4% (-9% over the first 9M). Over the first nine months of the year, Swiss watch exports rose by a slight 1.9%.
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