Switzerland's watch exports logged a robust expansion of 16.2 percent in May from the previous year, the Federation of Swiss Watch Industry said in a report on Thursday. Exports totaled CHF 1.9 billion.
Gold watches made the strongest contribution by far to the general upturn in May. Over the first five months, watch exports climbed 15.2 percent to CHF 8.2 billion.
The trends evident in previous months continued on the main markets for Swiss watch exports. The growth rate slowed in Hong Kong and China. The federation expects this trend to be confirmed in the months ahead, not least because base effects will be particularly unfavorable.
At the same time, the United States maintained its steady growth. Japan meanwhile recorded the highest monthly increase for many years.
For comments and feedback contact: editorial@rttnews.com
Economic News
What parts of the world are seeing the best (and worst) economic performances lately? Click here to check out our Econ Scorecard and find out! See up-to-the-moment rankings for the best and worst performers in GDP, unemployment rate, inflation and much more.
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.