A piece of the American dream, but a hole in the wallet. According to an Ifop poll published last October, 55% of French people are attracted to the United States, making the star-spangled country the fifth most attractive destination for the French. But this desire to cross the Atlantic is becoming increasingly expensive. In The Economist’s latest ranking, New York was ranked third among the most expensive cities in the world (after Zurich and Singapore and tied with Geneva).
An example of this American outbreak is offered by economist Julien Marcilly, who recently visited Washington: “I photographed the price of pain with chocolate: $5. » Five dollars, or 4.67 euros as of April 30, 2024. Ten years ago, that $5 would have been exchanged for 50 cents less, and that chocolate pain would have been sold for less. Because these unpalatable prices for Europeans are explained by two main factors: the evolution of the exchange rate and inflation in the United States.
Source: Le Parisien
I am Jack Morton and I work in 24 News Recorder. I mostly cover world news and I have also authored 24 news recorder. I find this work highly interesting and it allows me to keep up with current events happening around the world.