The Julius Baer Lifestyle Index 2011: What luxurious living costs
Living in an age where inflation concerns are prevalent across most emerging markets, it is natural to ask how an illustrative basket of goods that Asia’s HNWI might consume would change in price terms over time.
In particular, the price changes in the basket of luxury goods and services can give investors direction in terms of future required investment returns to finance a certain lifestyle.
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Julius Baer Lifestyle Index
On average over the last year this index increased 11.7% in dollar terms for key cities in the region. Going forward, the required return for HNWI* to maintain a certain lifestyle is thus likely to widen over and above the domestic rate.
Methodology: Julius Baer Lifestyle Index
The Julius Baer Lifestyle Index is based on a basket of 20 luxury goods and services that represent discretionary purchases of HNWI* in the region. Current prices, as well as for one year review, for these were sourced from local high-end vendors across four major Asia cities: Hong Kong, Shanghai, Singapore and Mumbai.
