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Fine wines, oysters and fancy restaurants up by 5.9% in past year, says Queen’s bank
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Scooped by Graham Watson |
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My Divisions have been looking at inflation - and how it differs from person to person - and unusually, in this instance, inflation is apparently hitting the rich hardest, with the price of luxury items like oysters and fine wines rising.
It also introduces me - and you - to an unusual measure of inflation, the Coutts luxury price index, representing the consumption habits of the private bank's exclusive clients.