Singapore is the most expensive city in the world tied with Zurich, according to the global cost of living index developed by the British press group, “ The Economist« .
Singapore and Zurich lead the list of the most expensive cities in the world, followed by New York, Geneva, Hong Kong, Los Angeles and Paris, indicates the report published Thursday by the Economist Intelligence Unit (EIU), under ” The Economist« .
This is the ninth time in 11 years that Singapore has topped the EIU rankings, the report said, noting that the cost of living in the Asian city-state has risen due to high prices for food and clothing. notably. Zurich has, for its part, dethroned New York which was at the top of the ranking last year alongside Singapore, says the same source, adding that Damascus is the cheapest city in the world.
« The Economist » estimates that prices increased by 7.4% over one year on average in the 173 cities studied, a slight slowdown compared to the record inflation of 8.1% recorded in 2022.
With MAP
2023-12-10 13:27:25
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