“Prices have increases by 8.1% on average over one year (in local currency) in 172 major cities around the worldthe largest increase in at least 20 years”, according to the 2022 cost of living report published by the British magazine.
These increases notably reflect the impact of “the war in ukraine and persistent restrictions related to pandemic (which) disrupt supply chains“and particularly striking”energy and food“.
New York et Singapore (the city-state topped the league table for the eighth time in a decade) oust Tel Aviv, Israel’s cultural and economic heart, which topped the league table last year.