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Seoul's Product Prices 38th Highest in World

Written: 2010-09-16 12:32:15Updated: 2010-09-16 13:03:47

Seoul's Product Prices 38th Highest in World

A new report from the Swiss-based bank UBS AG shows Seoul has the 38th highest product prices of 73 major cities worldwide.

Oslo ranked first on the list, followed by Zurich, Geneva and Tokyo.

Seoul ranked 37th in wage levels and 42nd in terms of consumer purchasing power.

The report shows Seoul’s ranking goes up five notches to 33rd when housing costs are included.

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