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High Inflation Low Prices

309 3.16 295 HIGH INFLATION LOW PRICES Although inflation is high in India, the prices of products and services are quite low compared to what people pay in other parts of the world. A study by Deutsche Bank confirms that India is among the 219 COKE (2 litres) 11 113 Cola 1 Cola The soft drink is Cola Cola priced almost three times higher in its home country D Cola Cola Cola compared to India. cheapest places to live in. Here's what a few essential and non-essential things cost across the world. SYDNEY BEIJING (China) RIO DE JANEIRO LONDON (UK) BERLIN NEW YORK MUMBAI (India) (Australia) (Brazil) (Germany) (US) D 646 MUG OF BEER 55 (500 ml) 385 Only in China is beer cheaper than in India. In the US, the price is more than double 225 215 3.05 243 3 PETROL (I litre) 141 130 132 130 20 D NEW YORK 107 (US) Despite the high taxes, petrol prices in India are among the that of India. lowest in the world. BEIJING RIO DE JANEIRO (Brazil) MUMBAI (India) LONDON SYDNEY (Australia) NEW YORK (US) BERLIN (China) (Germany) (UK) RIO DE JANEIRO BERLIN (Germany) LONDON (UK) NEW YORK SYDNEY (Australia) BEIJING (China) MUMBAI (India) 2982 BOUQUET OF ROSES (12 red roses delivered at doorstep) (Brazil) (US) LONDON 11647 115.10 115.0 (UK) 8769 T399 67.14 8906 30.15 270 TAXI 1091 MUMBAI BERLIN (India) Roses are neither Cheap labour means taxi fares in India are (Germany) cheap nor that expensive in India. But is the price really in question? RIO DE JANEIRO (Brazil) TAXI also the lowest in the 631 world. AUSTRALIA CHINA BRAZIL GERMANY INDIA UK US TAXI BEIJING TAXI 23.2 (8 km) (China) SYDNEY (Australia) 1,2161 85602 90950 TЯ -ONÉ MULTIPLEX 846.80 IPHONE 5S 182 3.78 JOD 807.7 78101 I719 13.50 The premium smartphone is com- pratively cheap in India. Only in its home country US is the price lower. MOVIE TICKET 1303 1233 TAXI 938 110114110I1 11011IIOI) Indians are crazy 110111OII 11011SIIOII about films but the GRAPHIC/ MODELS RAJ tickets cost less than 10% compared to the UK and Germany. ADMIT ONE AUSTRALIA CHINA BRAZIL GERMANY INDIA UK US LONDON (UK) SYDNEY BEIJING (China) RIO DE JANEIRO NEW YORK (US) BERLIN MUMBAI (India) (Australia) (Brazil) (Germany) 33 101.26 1179 467 11784 3497 10934 64 26.01 26.51 BEIJING RIO DE JANEIRO (Brazil) LONDON (UK) NEW YORK SYDNEY BERLIN MUMBAI NEW YORK 23.15 (US) (Australia) (China) (Germany) (India) (US) SYDNEY (Australia) LONDON (UK) 1918 BEIJING D П D П. DП ПП (China) HAIRCUT 1091 LEVI'S JEANS BERLIN (Germany) Levi's jeans are cheap in their home country but in india they cost 45% less. Getting a hair- cut is also very RIO DE JANEIRO (Brazil) cheap in India. In the US it is 3.53 MUMBAI (India) almost 10 times costlier. All prices in US$ ADMIT ONE ADMIT ONE ADMIT ONE ADMIT ONE ADMIT ONE ADMIT ONE

High Inflation Low Prices

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Although inflation is high in India, the prices of products and services are quite low compared to other parts of the world. A study by Deutsche Bank confirms that India is among the cheapest places t...

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