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Swiss April watch exports up 18.8 percent year-on-year
Tue, May 27 2008, 06:58 GMT
afxnews.com
ZURICH (Thomson Financial) - Swiss watch exports in April rose a real 18.8 percent to 1.4 billion Swiss francs from a year ago boosted by three additional working days and accelerating demand from China, the Swiss watch-making federation said.
Hong Kong remains the most attractive export market, the federation said.
Exports to China saw a growth rate or 86.6 percent, while exports to Russia dropped by 17.9 percent month-on-month.
Watch sales in the U.S. saw a slight increase as demand in Japan continued to slow.
Swiss April trade surplus widens to 1.566 bln sfr, up 140 pct yr-on-yr UPDATE
Tue, May 27 2008, 06:51 GMT
afxnews.com
(updating with year-on-year percentage change, growth drivers)
ZURICH (Thomson Financial) - Switzerland's trade surplus in April widened to 1.566 billion Swiss francs from 628.2 million francs in the same month last year, the Federal Customs Office said.
The 140 percent year-on-year increase was not only driven by stronger demand, but also by three additional working days.
Exports were up a real 18.3 percent year-on-year at 18.73 billion Swiss francs, while total imports were valued at 17.16 billion francs, up 19.9 percent year-on-year. |
