Inflation is a relative term relative to your lifestyle. The Hong Kong consumer price index CPI may look at items that are important to the masses, but are they relevant to a banker's world Probably not. To judge the relative increase in costs of living for bankers, one needs to look at a completely different basket of goods, a basket from Oliver's or Great, rather than Wellcome supermarket.
We compiled a tongue-in-cheek list in 2005 and 2006 of how much inflation had risen over the previous years and have decided to revive this list, given the frequency with which the dreaded I-word has been mentioned of late.
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