The world leader in global business intelligence Economist Intelligence offers deep insight and analysis of the economic and political developments in the increasingly complex global environment, identifying opportunities, trends and risks on a global and national scale. Formed in 1946, EIU has become a valuable commentator, interpreter and forecaster on the accelerating phenomenon of globalisation, enabling businesses, financial firms, education institutions and governments to plan effectiely for uncertain futures. Actionable insights into the world's markets The world's leading organisations rely on our subscription services for data, analysis and forecasts that keep them informed of emerging issues around the world. We specialise in: Country analysis- -access detailed country-specific economic and political forecasts, as well as assessments of the business environments in different markets with EIU Viewpoint; Risk analysis- our risk services identify actual and potential threats around the world and help our clients to understand the implications for their organisations. Available products include Country Risk Service and Risk Briefing; Industry analysis- five-year forecasts, analysis of key themes and news analysis for six major industries in 6o economies. These forecasts are based on the latest data and in-depth analysis of industry trends, available via EIU Viewpoint; and Speaker Bureau- book the experts behind the award-winning economic and political forecasts. Our team is available for presentations and panel moderation, as well as boardroom briefings covering their specialisms. Explore Custom Briefingfor more speaker information.The inflation rate of the prices that we track in EIU's Worldwide Cost of Living (WCOL) across citiesis the fastest recorded over the past five years. It has accelerated beyond the pre-pandemic rate,rising by 3.5% year on year in local-currency terms in 2021, compared with an increase of just 1.9% in 2020 and 2.8% in 2019. Supply-chain problems, as well as exchange- rate shifts and changing consumer demand, have led to rising prices for commodities and other goods. The most rapid increases in the WCOL index were for transport, with the price of a litre of petrol up by 21% on average. Tel Aviv tops the WCOL rankings for the first time ever, making it the most expensive city in the world to live in. The Israeli city climbed from fifth place last year, pushing Paris down to joint second place with Singapore.Tel Aviv's rise mainly reflects its soaring currency and price increases for around one tenth of goods in the city, led by groceries and transport, in local-currency terms. Property prices (not induded in the index calculation), have also risen, especially in residential areas. Rome (Italy) has seen the biggest drop in our rankings, fllig from 32nd to 48th place, witha particularly sharp decline in its shopping basket and clothing categories.