According to the latest figures reported by the Federation of the Swiss Watch Industry (FH), February 2017 showed a continued decline in exports, year over year. The FH report states, “Watch industry exports declined further in the month of February. At 1.5 billion Francs, their value was 10% lower than in February 2016, still in line with the downturn reported for the whole of last year.” In addition, analysis of 2016 overall showed significant forces continuing to weigh on Swiss watch exports.
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