Rapaport News



Rapaport Broadcast
Martin Rapaport Addresses Israel Diamond Week
February 12 2020

Advanced search
Latest Articles
Rough Markets
Polished Markets

China Sees Increase in Retail Revenue

Gold, silver and jewelry up 3% in January and February.
Mar 21, 2018 5:38 AM   By Rapaport News
Print Print Facebook Facebook Twitter Twitter Share Share
RAPAPORT... Retail sales of gold, silver and jewelry in China increased in the first two months of 2018, the nation’s data department said.

Total revenue for the category rose 3% year on year to $80.4 billion (CNY 509 billion) in January and February, the National Bureau of Statistics of China said in a statement Monday. Retail sales of all consumer goods increased 10%, while online sales climbed 37%. The period included Chinese New Year, which fell in February.

This improved demand was also reflected in exports of Swiss watches to China, which jumped 22% year on year in February, according to the Federation of the Swiss Watch Industry.

Image: Yewn
Tags: China Jewelry, Chinese New Year, gold, Jewelry, National Bureau of Statistics of China, Rapaport News, silver, Swiss watches
Similar Articles
NRFCoronavirus Impact May Reach US Retail
Feb 17, 2020
US retail sales could face growth challenges in February as supply chains...
Bulgari Is Latest Brand to Exit Baselworld
Pomellato Explores Secondhand Market
Comments: (0)  Add comment Add Comment
Arrange Comments Last to First

Call Us: 1-702-893-9400
Member License Agreement   RapNet Trading Rules & Code of Conduct    Privacy Policy  
twitter twitter
About Rapaport
Advertise with us