|
|
U.S. Jewelry Store Sales Slip
Nov 1, 2016 10:49 AM
By Rapaport News
|
|
|
RAPAPORT... U.S. jewelry store sales declined 2.1 percent year on year
to $2.22 billion in August, according to data provided by the U.S. Census Bureau
of Labor Statistics.
In the first eight months of the year, sales increased 1.2
percent to $18.17 billion.
Separately, the nation’s consumer price index (CPI) for
jewelry fell 2.6 percent in September from the previous month, unadjusted for
seasonal fluctuation, according to the U.S. Bureau of Labor Statistics. Prices jumped
5 percent year on year. August prices rose 4.2 percent sequentially and 9
percent from last year, the data showed.
Meanwhile, the U.S. September CPI for watches slipped 0.4
percent month on month but increased an impressive 7 percent from a year ago.
Prices of jewelry and watches combined declined 1.8 percent sequentially and
rose 5 percent year on year.
|
|
|
|
|
|
|
|
|
|
Tags:
Jewelry, Jewelry sales, Rapaport News, retail, u.s., U.S. Census Bureau, u.s. jewelry sales, U.S. jewelry store sales
|
|
|
|
|
|
|
|
|
|
|