Costing London’s Affluent Lifestyle

The Stonehage Group, a leading multi-family office advising Ultra High Net Worth (UHNW) individuals and international families, today announced that prices of typical luxury goods and services for UHNWs based in London increased by an average of 6.0% in the 12 months to the end of April 2011, marking a significant jump in price inflation, following a 0.6% rise the previous year.

This large increase, measured by Stonehage’s Affluent Luxury Living Index (SALLI), compares to an average inflation rate of 4.5%, measured by the UK Consumer Price Index (CPI) over the same period.

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