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U.S. Jewelry and Watch Sales Grow in May

Jun 30, 2016 7:33 AM   By Rapaport News
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RAPAPORT... U.S. jewelry and watch sales from all retail outlets increased 4.2 percent to an estimated $7.17 billion in May, according to provisional government figures. May was the 13th consecutive month of year-on-year growth.

Jewelry sales advanced 4.1 percent to $6.33 billion, according to Rapaport News estimates. The rise came alongside a 3.3-percent increase in the consumer price index (CPI) for jewelry and the same percentage rise for watches.

Jewelry and watch sales for the first five months of the year grew 4.7 percent to an estimated $28.14 billion.
Tags: Jewelry, Rapaport News, retail, retail sales, u.s., u.s. jewelry sales, watches
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