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James Hong

Monday, June 05, 2023

Xiao Long Bao Inflation Index

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!

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