- As per the index, Tel Aviv, Israel is the most expensive city in the world to live in 2021.
- Paris and Singapore city occupy the second positions jointly in the index.
- Zurich (Switzerland) attained the 4th spot in the index.
- The Damascus of Syria is the cheapest city in the world to live in 2021.
- As per the index, supply chain issues, exchange rate shifts, and changing consumer demand are increased in terms of price on commodities and other goods at the global level.
- The prices of goods and services are increased to 3.5% in 2021, it is doubled to 1.9% in 2020.
- Static Part:
- HQ of EIU: London, United Kingdom
Question:
a. New York, US
b. Paris, France
c. Tel Aviv, Israel
d. Zurich, Switzerland