Forget the strong Swiss Franc.
Swiss watch export growth is close to its fastest pace in decades.
What’s driving the boom? China.
China continues to generate strong demand, growing 44% in the month (from 46% in July), while Italy (up 44%), the UK (up 30%) and Germany (up 10%) all saw upticks in volume from last month. China has now posted growth of 40%+for six straight months. The U.S. also posted solid growth in August with a 22% increase (from 34% in July).
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