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US Watch and jewelry sales remain steady in March, overall increase of 0.4 percent

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US Watch and jewelry sales remained steady in March, with a slight overall increase of 0.4 per cent, according to the latest US Department of Commerce figures. Jewelry sales rose slightly, while

Watch and jewelry sales in the US remained steady in March, with a slight overall increase of 0.4 per cent, according to the latest US Department of Commerce figures. Jewelry sales rose slightly, while watch sales dipped, as consumers opted for higher-priced items, but bought fewer of them.

In February overall sales increased by just 0.2 per cent and in January they fell by 1.0 per cent

The US government’s BEA (Bureau of Economic Analysis) reported a 0.7 per cent increase in consumer spending in March, the biggest increase for two years, but said it was largely driven by a rush to buy cars before US reciprocal tariffs forced prices up.

Watch and jewelry sales have been characterized by very modest increases in recent months, following on from a year of sustained growth – 10 per cent or more in some months – as shown below.

Reciprocal US tariffs – announced in April, then paused until July – will almost certainly hit sales, as producers forced to either absorb the costs or pass them on to consumers.

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Certificate Ceremony Held To Recognize The First Jewellery Import Shipments Under The India–UK CETA

The High Commission Of India In London In Association With GJEPC Hosted The Event, Exporter Were Felicitated  By High Commissioner Of India

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The High Commission of India in London, in association with GJEPC, hosted a special certificate ceremony to recognize the first jewellery import shipments under the India–UK Comprehensive Economic and Trade Agreement (CETA) on its day of implementation, 15 July 2026.

The exporters were felicitated by  His Excellency Kumaran Periasamy – High Commissioner of India to the United Kingdom,  Nidhi Mani Tripathi – Minister (Economic), High Commission of India, London

First jewellery importers honoured under the India–UK CETA: Malabar Gold & Diamonds Ltd., Nysa Creations Ltd., PureJewels Ltd., Taj Jewels, Kalyan Gold & Diamond Jewellery Ltd., Siddharth Jewellery (UK) Ltd., Fine Jewels Ltd.

As the India–UK CETA ushers in duty-free access for Indian gem & jewellery exports, the agreement is set to strengthen bilateral trade, enhance India’s global competitiveness, and unlock new opportunities for exporters, further advancing Hon’ble Prime Minister Narendra Modi’s vision of ‘Design and Make in India, for the World.

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