Jewelry Sales Rise, Prices Fall

U.S. specialty jewelry store sales rose 3,6 percent year on year to $2,6billion in November 2015, according to the U.S. Census Bureau. Specialty jewelry store sales from January to November 2015 fell 1 percent year on year to $24,69 billion . Total retail and food service sales in November increased 1,6 percent to $448,58 billion. The consumer price index (CPI) for jewelry shrank 0,4 percent in December 2015 from November 2015, according tot he Bureau of Labor Statistics. The CPI for all urban consumer goods declined 0,1 percent.

The CPI for watches slipped 1,6 percent month on month in December, but rose 0,8 percent year on year.

 

(Bron: Rapaport February 2016)