 "Covid-19 pandemic shakes up world's most expensive city list: Report")
As the world continues to recover from Covid-19, a report by the Economist Intelligence Unit shows a major rejig in the world’s most-expensive city list.
The Economist Intelligence Unit — which rates 133 global cities, and compares the price of a basket of 138 everyday items in each — has ranked them as joint top of the table.
The European cities have leapfrogged over Singapore and Osaka, which tied with Hong Kong in the previous Worldwide Cost of Living Survey, carried out in March.
The changes are especially marked this time around, with the report doubling as an assessment of the impact of the Covid-19 pandemic on prices around the world.
Currency fluctuations due to the pandemic mean that destinations in Africa, the Americas and Eastern Europe have got less expensive since March.
One subscription. Two world-class reads.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%