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Depends what phone. if you're importing it yes, is not cheaper. If is a local brand most likely yes. Also what you say is not even true > Elementary PPP calcu
by ausudhz 5y ago
Depends what phone. if you're importing it yes, is not cheaper. If is a local brand most likely yes.
Also what you say is not even true
> Elementary PPP calculation
The PPP estimation process begins with the participating economies collecting prices for items chosen from a common list of precisely defined items. These common lists include both regional items, priced in a specific region, as well as global items, priced in all ICP regions. These two sets of prices cover the whole range of final goods and services included in GDP: household consumption expenditures, government consumption expenditures, and gross capital formation expenditures.
https://www.worldbank.org/en/programs/icp/brief/methodology-calculation#i.%20Elementary%20PPP%20calculation https://www.worldbank.org/en/programs/icp/brief/methodology-...
- mahkeiro 5y agoOf course it contains global stuff but the weight of these are rather small in the basket of goods. First will come, basic necessities, housing, health, etc.