According to the Bureau of Labor Statistics the United States, the US consumer price index (CPI) for jewelry and watches in July rose slightly.
The index value has increased by 0.7% compared to June. Compared with the previous year's July CPI rose by 5%.
In July, the jewelry consumer price index was almost unchanged from the previous month and increased by 4% compared with the previous year. The prices of watches increased by 2% per month and rebounded by 8% a year.
These changes occurred in parallel decrease in prices for diamonds July. The price index for RapNet diamonds (RAPI) decreased by 1.7% for certified GIA odnokaratnikov. RAPI for the stones in 0.3 carat fell to 1.8%, and for polukaratnikov - 0.5%. RAPI 3-carat diamond decreased by 1.5%.
However, the price of gold rose in July, an increase of COMEX exchange by 1.5%, according to Bloomberg.
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International Diamond Manufacturers Association (International Diamond Manufacturers Association, IDMA) , the representative body of the world's diamond manufacturers, completed its meeting on May 19 at the 37th World Diamond Congress in Dubai election of a new President and the Executive Board.
Ronnie Vanderlinden (Ronnie Vanderlinden) became the new president of the organization, while Filipp Rulan (Philippe Roolant) assumed the position of vice-president. Kim Lenni (Kim Lanny) became the new general secretary, and Stefan Fishler (Stephane Fischler) - Treasurer. Vanderlinden, IDMA president said that the organization of the meeting were not easy, energetic and sometimes very assertive.
In his concluding speech departed from his post former president IDMA Maksima Shkadova (Maxim Shkadov), which read Vanderlinden, he reiterated his concerns about the health of the diamond industry. "Cutting and polishing sector remains weak Why? Because we lack of profit, we are working to exhaustion, and after hard work, we can not support our efforts, however, cutting and polishing business continues to live, albeit in extremely difficult conditions.?.", - says Shkadov.
Vanderlinden also noted that he and his colleagues were very pleased with the participation of young representatives of the diamond industry. "We were pleased to see the new delegation of leaders and members of our industry, they have been active and active part in our discussions.", - he added.
The newly elected vice-president of IDMA Filipp Rulan said that he made a commitment to engage with the leading manufacturers of diamonds and help coordinate the strengthening of cooperation within the IDMA.
Subject of synthetic diamonds was also presented on the agenda. While membership in IDMA allows you to recognize the legitimacy of synthetic diamond business, the organization strongly condemned the current methods of marketing vendors such stones, which appear to be focused on creating a negative image of natural diamonds.
After the meeting, thanked the IDMA Vanderlinden Maksima Shkadova for his work as president in 2012, referring to the outgoing Vice-Presidents David de Toledo (David De Toledo), Edward Denkensa (Eduard Denckens) and Suresh Shah (Suresh Shah).
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