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HONG KONG: SALES OF JEWELRY AND WATCHES GO UP IN OCTOBER

Sales of jewelry, watches, clocks and other valuable gifts went up 3.3%
Hong Kong jewelry street
Credit: Iris Hortman

Data provided by Hong Kong’s Census and Statistics Department and quoted by IDEX Online shows that sales of jewelry, watches, clocks and other valuable gifts went up 3.3% year-on-year in October, reaching HKD 6.868 billion ($878 million).

 

For the first ten months of 2018 (January to October), sales of jewelry, watches, clocks and other valuable gifts soared 18.2% to HKD 71.184 billion ($9.10 billion).

 

Overall retail sales in Hong Kong rose 6% year-on-year in October to HKD 39.745 billion ($5.08 billion). Between January and October, overall retail sales increased 10.6% to HKD 401.0 billion ($51.3 billion). There were also more sales in October than in September, a rise attributed to an “increase in visitor arrivals and continued income growth”.



Tags: Diamonds News, Jewelry News, Diamond Jewelry News, Hong Kong News

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