Soaring white collar salaries driving sales of premium cars and gadgets
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Professionals who are switching jobs or getting retained by their existing employers at much higher salaries than before are upgrading their gadgets and cars in a rush of euphoria, brands and retailers said.
Asian nations make up eight of the top 10 countries forecast to see real salaries rise, led by India, up 4.6%, Vietnam rising 4.0% and China up 3.8%. Brazil’s 3.4% increase and Saudi Arabia’s 2.3% bump round out the top five.
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