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RAPAPORT… Swiss watch exports slumped in August, weighed down by a
continued decline in shipments of high-end timepieces.
Total outbound exports fell 9 percent to $1.38 billion (CHF
1.35 billion) mostly due to a 26 percent slide in exports of precious-metal
timepieces, according to the Federation of the Swiss Watch Industry. Items priced at $3,070 (CHF 3,000) or higher dived 14 percent, offs…

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