(IDEX Online) - Sales of watches and jewelry remained strong in February, up 22.0 per cent year-on-year. That's in line with January's performance, originally reported as 26.1 per cent, but since revised down to 22.7 per cent based on actual till transactions.
Despite that sharp reduction, the two months together suggest a sustained recovery. The year-on-year increases exceed any seen in the last four years, and follow seven months of positive growth since June 2020.