WELL-HEELED consumers who wish to buy wine and Dior bags in Asia may well rejoice that these items posted the steepest drop in prices in the Julius Baer Lifestyle Index over the past year.
Botox treatments and tooth implants were also among the items whose prices have fallen the most between 2014 and 2015.
The price of wine fell 10.66 per cent, and ladies' bags by 9.06 per cent. Botox treatments dropped 4.38 per cent on average, and tooth implants by 1.19 per cent.
The index comprises 20 goods and services that "closely reflect the lives of high net worth individuals (HNWIs) in Asia". In 2014-2015, the "standard" index - capturing Singapore, Hong Kong, Mumbai and Shanghai - showed a modest rise...
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