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Study reveals world’s most expensive cities

Excavators demolish the Marina Bay floating platform and its building to prepare for a new development in Singapore on Nov 22, 2023. (Photo: AFP)

HONG KONG – Singapore and Zurich tied for the world’s most expensive city this year, followed by Geneva, New York and Hong Kong, the Economist Intelligence Unit (EIU) said on Thursday as it cautioned that the global cost-of-living crisis was not yet over.

On average, prices have risen by 7.4% year on year in local currency…

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