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Inflation In Hongkong Is Rising Or Falling &Nbsp; High-End Consumer Groups Will Abandon Hong Kong And Invest In Europe.

2012/1/10 9:09:00 6

Price Clothing Brand European Market Sports Shoes

"In fact, things in Hongkong are very expensive. I'm ready to go to Europe."


Xiao Ning, from Chongqing, has been in Hongkong for several days in the past few years for Christmas and new year's holidays. She mainly buys cosmetics and designer clothes and handbags. Hongkong's duty-free port has always been a shopping paradise for many mainland tourists.

But this Christmas, Xiao Ning's harvest is much worse than before. She complained that hotels in Hongkong are too expensive and food is expensive. The prices of all kinds of goods have increased significantly, ranging from 10% to 30%.


In addition, Xiao Ning also complained that the discount rate in Hongkong is not large, generally ranging from 6 to 20 percent off. The discount is not obvious in the case of high price base itself, while many luxury brands such as Prada and LV do not discount at all, and prices continue to rise at a rate of 10% to 20% per year.

"We can fly directly to Europe and buy products for one year."

Xiao Ning reluctantly said.


Compared with the rising prices in Hongkong, the economy has gradually entered the recession. In recent years, the price advantage of Europe has been highlighted, and its attractive price, coupled with the tax rebate policy of foreigners, has attracted a sharp rise in the attractiveness index.

Before and after Christmas, all kinds of goods in Europe have been greatly discounted. The discount rate is generally around 4 and 50 percent off, including many world-famous ones.

Clothing brand

It is half the price of Hongkong after the discount. The famous cosmetics Sisley (Sisley) hit 20 percent off, which is 20% to 30% lower than the average price in Hongkong.


Xiao Ning said that a shopping trip in Europe can really save a lot, even if it is accompanied by round-trip air fare, it is still cost-effective.

"Not only do I think so, some of my friends are going to go to European 'blood', too."


In addition to the high-end consumer groups in the mainland, many locals in Hongkong can't stand Hongkong's prices.

Rise

Xiao Ning's friend Xiao Han returned to Hong Kong from England 4 years ago. He was also lamenting the gradual rise of consumption in Hongkong. "The discount in Hongkong is not like a discount, a small margin. The so-called discount price is still terrible."


He said that in addition to luxury goods, Hongkong's price rise has resulted in some ordinary supermarkets, which are 10% to 20% higher than those in the UK, such as the commonly used British brands of antiperspirants and shampoos.


Xiao Han recently bought a pair of casual shoes on the British website. He told reporters that freight plus is only half of the discount price of Hongkong and the brand.

He said that most of his clothes and shoes from his family were ordered on the British website and saved a lot of money.


In recent years, the pressure of inflation in emerging markets is obvious, but Europe is in deflation, and the two markets are "ice and fire".

If Hongkong

inflation

There will still be a rise or fall, and some high-end consumer groups will be more obvious in the trend of abandoning Hong Kong and investing in Europe.

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