KYIV, Dec 1 – Kyiv returned to the ranking of the most expensive cities to live, taking 132nd place out of 173, according to a study by the Economist Intelligence Unit (EIU).
According to their report, in 2022, the Ukrainian capital was not included in the ranking due to Russian aggression, and in 2021 it ranked 118th. Due to the lack of data for 2022 in the study, prices in Kyiv were not taken into account in the calculation of average inflation.
The Worldwide Cost of Living (WCOL) survey was conducted by the EIU from August 14 to September 11, 2023, examining the prices of the most commonly used goods and services. In the world's largest cities, prices have increased by an average of 7.4% in local currencies over the past year. This is slightly slower than the 8.1% price increase in 2022, but significantly higher than the 2017-2021 trend.
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