International tax-free shopping in the U.K. rose 7 percent in July from a year earlier as the pound’s post-Brexit-vote slide reduced costs for foreign tourists, according to Global Blue. While the Chinese are normally big spenders, a crackdown on extravagance held them back, according to Bloomberg Gadfly’s Andrea Felsted. This time visitors from Qatar had the highest average spend per transaction while Japan, Indonesia and the U.S. accounted for the biggest increases in purchases.
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Bloomberg
