Indeed, studies of price differentials between major US cities show that these differentials are at least as large and sometimes even larger than between countries of the euro area. Whether such differentials are a cause for concern depends on their source.
As I have always said, the Bank of Mauritius is “cruel only to be kind” to you and our jurisdiction. I urge the accountants to reflect on emerging challenges that the profession is facing and request the MIPA to collectively take steps to meet those challenges.