New York and Singapore are jointly the world's most expensive cities after inflation soared this year, an annual survey showed Thursday.
New York and Singapore are jointly the world's most expensive cities after inflation soared this year, an annual survey showed Thursday.
The survey revealed "the soaring cost of living in the world's biggest cities as the war in Ukraine and continuing pandemic restrictions disrupt supply chains, particularly for energy and food." Prices rocketed by an average 8.1% in the 172 major cities covered by the EIU survey, conducted between August and September.A total of 50,000 worldwide prices were converted into dollars.
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