A trip to Singapore will make the biggest dent in your wallet, while a sojourn in Karachi will be a bargain. That’s according to the Economist Intelligence Unit’s Worldwide Cost of Living 2015, a semiannual survey that compares prices of an extensive list of goods and services across 140 cities in 93 countries. This easy-to-read, informative report points out the economic forces that drive global consumer prices through peaks and troughs, as well as potential changes. For cost-conscious business executives and for travelers washed up on a foreign shore, this survey is an invaluable aid that getAbstract wholeheartedly recommends.
In this summary, you will learn
- Which are the most and least expensive cities in the world,
- Why the stability in the ranking of the top five priciest cities is misleading, and
- How currency fluctuations and other economic forces will affect consumer prices in 2015.
About the Author
The Economist Intelligence Unit is an independent research and analysis organization.