Inflation
ConvergExMarket Group's Nicholas Colas takes an annual look at "Super Bowl economics" to get a peek into the mind of the luxury consumer and this year there is very little inflation in ticket prices. What gives?
Brazil has been long dismissed as the land of skimpy bikinis and rubber flip flops. But with its galloping economy and hordes of newly minted millionaires, the South American giant is the fashion and luxury industry's newest darling.
The uncertain financial markets and the euro crisis have left many Germans feeling nervous. Worried about the security of their savings accounts, increasing numbers of people are deciding they would rather invest in material goods like art, vintage cars and real estate instead. But experts warn that nothing is 100 percent safe any more.
If one looks just at the price of a ticket to the game at Lucas Oil Stadium — either the face value printed on the ticket, or the price you’d actually have to spend on the street — there hasn’t been much inflation since last year.
It seems the economic commentators have got this downturn all wrong. Unemployment is still rising and the cost of the value of the average pay packet is still being eaten away by inflation but that hasn't stopped something funny going on on the high street.
Education is not a luxury today but an economic imperative, President Barack Obama told a crowd of 4,000 Friday at the University of Michigan Al Glick Fieldhouse.
Luxury house prices are falling fastest in Asia Pacific, according to the Knight Frank Prime Global Cities Index. Kate Everett-Allen, Global Research Coordinator at Knight Frank, examines the figures and looks at whether prime property is still the safe haven investors and the super-rich consider it to be.London, England (PRWEB UK) 30 January 2012 Knight Frank results for Q4 2011 headlines ...
RIO DE JANEIRO — Brazil has long been dismissed as the land of skimpy bikinis and rubber flip-flops. But with its galloping economy and hordes of newly minted millionaires, the South American giant is the fashion and luxury industry’s newest darling.
It is estimated that the luxury market in India is around USD 5.8 billion (nearly Rs 28,500 crore), is spreading beyond the metros as adoption of global trends is fast catching up in smaller cities, as well.
Shanghai (China Daily/ANN) - Many luxury brands have made their annual price adjustments for certain products, with increases of more than 10 per cent since November, but that hasn't dented Chinese customers' taste for upmarket items.