Consumers in Singapore, Japan and India are among the Asia-Pacific region’s top luxury consumers, according to a survey by MasterCard titled ‘Consumer purchasing priorities – luxury shopping’.

The study suggests that robust economic growth has encouraged consumers in Singapore and India to have higher degrees of intentions to owning luxury goods than those of other Asia-Pacific countries. More than half of those polled for the survey said they planned to spend more, or the same, on these items over the next 12 months.

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