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China’s jewellery sales dip in July

19 August 2019


 

Jewellery sales in China were down 1.6 percent in July compared to the same period last year amid ongoing uncertainties in the global political and economic front. 

In comparison, retail sales of gold, silver and jewellery rose 8.2 percent in July 2018, data from the National Bureau of Statistics of China showed. 

This month’s turnout fell after months of steady growth – 7.8 percent in June, 4.7 percent in May and 0.4 percent in April. Sales also dropped in March by 1.2 percent. January to February figures showed a 4.4 percent rise.

January to July figures meanwhile were up 2.9 percent, according to government data.