Roaming Jackson
Update to my tracking of the price of 16 Pork XLB at Nanxiang XLB in Shanghai. 1997: 4 RMB 2006: 8 RMB 2010: 12 RMB 2013: 20 RMB 2023: 33 RMB (25RMB for 12 pieces) That is only a 5.1% inflation rate over the last 10 years, which is actually a big slowdown from previous measurements!
posted by james @ 12:11 PM 0 Comments
In 2006 and 2010, I logged the price of 16 "xiao long bao" (soup) dumplings at the restaurant Nanxiang, located in Shanghai. (This restaurant was the inventor of the tasty treat) If you recall from my previous post about this , prices were: 1997: 4 RMB 2006: 8 RMB 2010: 12 RMB This represented an annualized inflation rate of 8% from 1997 to 2006, and an inflation rate of 10.67% from 2006 to 2010. I am (un)happy to report that the price in 2013 is now 20 RMB. From 2010 to 2013, this would represent an annual
Roaming Jackson