Paris, Zurich overtake Singapore to be world’s priciest cities


The movement of Paris and Zurich to join Hong Kong at the top spot is spurred on by the rise of the euro and Swiss franc against the US dollar. – EPA pic, November 18, 2020.

PARIS and Zurich have joined Hong Kong as this year’s costliest cities worldwide, while Singapore and Osaka have slipped from their joint-top spot after the coronavirus pandemic weakened the dollar, a survey published today shows.

The biggest mover was Tehran, which jumped 27 places on US sanctions, The Economist Intelligence Unit added in its Worldwide Cost of Living 2020 report.


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