Advertisement
Singapore markets open in 1 hour 12 minutes

  • Straits Times Index

    3,272.72
    +47.55 (+1.47%)
     

  • S&P 500

    5,070.55
    +59.95 (+1.20%)
     

  • Dow

    38,503.69
    +263.71 (+0.69%)
     

  • Nasdaq

    15,696.64
    +245.33 (+1.59%)
     

  • Bitcoin USD

    66,423.62
    -456.29 (-0.68%)
     

  • CMC Crypto 200

    1,428.24
    +13.48 (+0.95%)
     

  • FTSE 100

    8,044.81
    +20.94 (+0.26%)
     

  • Gold

    2,336.50
    -5.60 (-0.24%)
     

  • Crude Oil

    83.51
    +0.15 (+0.18%)
     

  • 10-Yr Bond

    4.5980
    -0.0250 (-0.54%)
     

  • Nikkei

    37,552.16
    +113.55 (+0.30%)
     

  • Hang Seng

    16,828.93
    +317.24 (+1.92%)
     

  • FTSE Bursa Malaysia

    1,561.64
    +2.05 (+0.13%)
     

  • Jakarta Composite Index

    7,110.81
    -7,073.82 (-49.87%)
     

  • PSE Index

    6,506.80
    +62.72 (+0.97%)
     

Tourists' luxury spending up in December for first time since February - study

Reuters
FILE PHOTO - A woman exits the Louis Vuitton shop on New Bond Street, renowned for its jewellery and designer retailers, in London August 24, 2009. REUTERS/Luke MacGregor

PARIS (Reuters) - Global spending on luxury goods by tourists was up in December for the first time since February, lifted by strong business in Britain and France, a study by tax-refund services firm Global Blue showed.

Tourism spending on luxury goods was up 3 percent year on year in December overall, with a 26 percent increase in Britain and 21 percent in France, which had suffered from a sharp downturn after deadly Islamist attacks in Paris and Nice.

The data does not include tourism spending in the United States, Hong Kong and Dubai.

(Reporting by Pascale Denis; Writing by Ingrid Melander; Editing by Michel Rose and David Goodman)