Hong Kong still a bargain among cities
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.(First Edition)
BUY YOUR luggage in Paris, then head to Hong Kong for the overall best prices in luxury-end clothing, cameras and electronics. That's the message from an 11-city price survey conducted by the Economist Intelligence Unit, AFP reports.
Shopping for 15 items, the research arm of the Economist found that prices were 22 per cent lower in Hong Kong - representing savings of HKdollars 3,000 (pounds 270) - than Singapore, which came second.
'The best buys in Hong Kong are a Celine handbag, a Ralph Lauren shirt and a gold necklace,' it said. It said the tax-free colony was also 'highly price competitive' on cameras and personal electronics.
European cities surveyed - London, Paris and Frankfurt - were more expensive than the average although the French capital was the cheapest place to pick up a Samsonite suitcase.
The most expensive was Tokyo, where the full basket was 76 per cent dearer than in Hong Kong, followed by Toronto, where Canada's hefty goods and services tax took its toll.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments