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Old 6th Apr 2009, 08:55
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yokebearer
 
Join Date: Jul 2008
Location: HKG
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Cost of Living VS Pay increases!

This quote off another thread -

After not having a cost of living increase for the last 8 years while inflation ran at about a 3% average, means each and everyone of us have already giving 24% in concessions. This equates to 3 months salary.


Cost of gweilo food in the Park n Rob and Welcome has increased by substantially more than 3% in the past few years.

I am doing a bit of research here and as an example cheese has on average doubled in price since '07. Chicken - imported - has gone up by 60% since Jan 2008. I can go on.

Frozen chinese dumplings on the other hand now costs EXACTLY the same as two years ago - wifey is local - she checks.

It is clear that the strategy is to up the prices of imported food to subsidize local food.

An SO mate with two kids now spends 25 % of his salary on food
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