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The export of watches from Switzerland in June grew by 11.8% to 1 billion 940 million Swiss francs, according to the Federation of the Swiss watch industry. The growth rate is observed for 14 consecutive months. The growth rate in June was accelerated due to a significant increase in demand in France, Hong Kong and Japan. Exports to France increased by an annualized rate of 40.9%, to Hong Kong - by 39.2%, to Japan - by 31.8%. Shipments of Swiss watches to the US also grew - by 5.7%, to China - by 4.1%, to Russia - by 6.8%. In the first half of the year, Swiss watch exports increased by 11% to 10.5 billion francs, exceeding 10 billion francs for the first time since 2015. The semi-annual growth was the most significant for 6 years.
China's diesel exports for June fell by 50% year-on-year, a record low since September 2018 as lockdown measures around the world continued to curb fuel demand. China exported has 1.04 million tons of diesel, compared to the 1.45 million and ...
Japan's industrial output is expected to recover in June from a double-digit decline in May amid hopes that factory activity may have reached its lowest due to the coronavirus pandemic, according to a Reuters’ poll of 13 economists. While ...
Australian retail sales advanced 2.4% in June. This came as an upbeat figure following a 16.5% increase seen in May as the land down under resumed its economic operations from coronavirus-related lockdowns. The country’s retail sales ...
June had seen Japan’s exports recording a double-digit decline for four consecutive months. This suggests that the novel coronavirus pandemic tipped the world’s third-largest economy into its sharpest postwar slump, highlighting ...
June had seen Singapore’s non-oil domestic products advancing 16.1% from a year earlier. The reading managed to place above estimates backed by strong activity in shipments of pharmaceuticals, specialized machinery, and electronics, ...
KYC Policy