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"\nPAY rises will only average 7 per cent this year but still outpace inflation, according to a survey by human resources and employee benefit consultants Watson Wyatt.\n  Although lower than the 1996 average rise of 8.6 per cent, salaries would nevertheless remain 2 per cent ahead of the projected 5 per cent cost-of-living rise, the study predicted.\n  The trend represents a 1.2 per cent fall in the weighted average for salaries but also reflects a slow down in rent hikes.\n   While pay rises may be lower, s..."^^<http://www.w3.org/2001/XMLSchema#string>
<http://www.scmp.com/article/192882/hk-pay-rises-stay-ahead-inflation>