Switzerland

Zurich, tied with Singapore, is the world’s most expensive city, according to a ranking by British magazine The Economist. Geneva is joint third.

Switzerland’s biggest city Zurich has thus moved up five places since the last ranking, according to data published on Thursday by the Economist Intelligence Unit (EIU), the analytical research unit of the Economist Group.

The city’s top position is partly due to the strong Swiss franc. However, high prices for food and leisure activities also played a role. ...