February 18, 2012

Japan fifth most expensive country in the world according to OECD report


Picture: Japanese Currency



Japan fifth most expensive country in the world according to OECD survey

“Relative cost to buy a basic basket of consumer goods in different countries at current exchange rates(index)
1.Switzerland 113, 
2.Norway 102, 
3. Australia 100,
4. Denmark 97, 
5. Japan 96,
 9. UK  82,
 24. US  62,
 28. Korea 51” 
As at Feb 15, 2012 Source: OECD

Source: Start Worrying when the dollar stops rising
Australian Financial Review, 
Perspective Feb 18-19, 2012 page 44 

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