Many countries across the world are struggling with a cost-of-living crisis, the impact of which
is clear in the latest WCOL survey. The survey, which was conducted between August 16th and
September 16th 2022, tracks the prices of over 200 goods and services in 172 cities worldwide (Kiev in
Ukraine had to be excluded entirely from this year’s survey owing to the country’s war with Russia). On
average, WCOL prices have risen by 8.1% year on year in local-currency terms in the latest survey.
This is the highest inflation rate recorded since digital WCOL surveys began almost 20 years
ago. Petrol prices have seen the most rapid increases, but utility and food prices have also increased
sharply
Worldwide Cost of Living 2022

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Summary
Source: Economist Intelligence Unit
Published: 2022
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