Petrolprices climbed on average 37% compared to a year earlier across all cities, while Beirut recorded a 1 128% increase. Moneyweb expats economy finance
Hong Kong is the world’s most expensive city to live in as an expat for the second year in a row, according to a new study. New York and Geneva took second and third place in the rankings. Higher prices and a stronger currency over the past year kept the Asian city at the top of the tree, according to ECA International, which carried out its research in March this year. London and Tokyo round out the top five.
Japanese cities all fell down the ranks as the yen weakened, while Chinese cities rose — with Shanghai and Guangzhou taking 8th and 9th positions respectively — on a stronger yuan.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: