Swiss Economicblogs.org
Investec Switzerland. Swiss watch exports dropped 3.8 percent in December, led by a plunge in shipments to Hong Kong and ending 2015 with the first annual drop in six years. For the year, shipments slipped 3.3 percent to 21.5 billion Swiss francs ($21.2 billion), the Swiss customs office said in a statement Tuesday. That compares with a 1.9 percent rise the previous year, when the value of sales reached a record 22.3 billion francs. The last annual slump was in 2009, when...
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