Make better educated travel decisions with the price index series presented in today's Viz of the Day. The figures highlight common travel-related expenditures, ranging from accommodation, transportation, and urban transit to beer and soccer, and may well help individual travelers to better gauge the relative cost of travel to their destinations of choice.
Housing affordability and its impact on middle-income households worldwide is emerging as a major concern throughout the developed world. According to the London-based consultancy Knight Frank, housing prices in the world's largest cities rose by 3 percent on average during the last year. The strongest growth was observed in Turkey where average housing prices increased by 18 percent in the last year. In contrast, across the Black Sea in the Ukraine, property prices declined by 12 percent last year. The US house price index published by the Federal Reserve Bank of St. Louis shows a similar increase in property prices, disrupted only by the...
Prices of Important Travelling Items in Cities around the World