Swiss Watch Exports Up for July 2008
[ via FHS ]
Still on the up, despite a very negative base effect
Swiss watch exports recorded an increase of 8.5% in July. While below the average, this result remains satisfactory. Indeed, its basis of comparison is the highest increase of 2007, when July showed an exceptional upturn of 28.4% to become one of the best months of the year, even though the summer is generally quieter for the sector. Despite this very negative base effect, exports attained a very high level of 1.6 billion francs in July 2008, the third best result ever recorded. The cumulative value over seven months approached 10 billion francs (9.9 billion), maintaining the pace with an increase of 13.8%.
[ Read More Swiss Exports July 2008.pdf ]
