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What is Foreign Spending in Mediterranean 2011 about?

- Foreign consumer spending across 6 Mediterranean countries (France, Italy, Greece, Turkey, Portugal, Spain) increased 10.08% from May-August 2011 vs the same period in 2010. - France saw the highest spending at over €4 billion, a 6.3% increase year-over-year. Spending by Russian and German visitors grew significantly. - Retail spending in France increased 39% from Jan-Apr 2011, outpacing cash withdrawals. Foreign spending in France overall grew 6.3% with higher spending on utilities and insurance.

Author

ad2iit

Language

EN