Market Report, "Luxury Jewellery and Timepieces in Spain", Published
Luxury jewellery and timepieces is expected to achieve slow but positive current value growth in 2014. The category is benefiting from the slow but steady recovery of the Spanish economy. Although macroeconomic indicators are much more positive than microeconomic ones, by mid-2014 the unemployment rate had declined on the previous year, bringing hope to the average Spanish consumer and supporting to some extent the performance of the category.
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