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Inflation

The document compares the prices of chicken breast in Kerala and Saudi Arabia, highlighting a 59% price difference. It also discusses currency values and purchasing power parity (PPP) between various countries, including the USA, Saudi Arabia, and India. The calculations illustrate how much local currency is needed to match the value of services in different countries.

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Raj Kiran
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30 views4 pages

Inflation

The document compares the prices of chicken breast in Kerala and Saudi Arabia, highlighting a 59% price difference. It also discusses currency values and purchasing power parity (PPP) between various countries, including the USA, Saudi Arabia, and India. The calculations illustrate how much local currency is needed to match the value of services in different countries.

Uploaded by

Raj Kiran
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as XLSX, PDF, TXT or read online on Scribd
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2023

Kerala Saudi Diff


Chicken breast boneless 450 gm 290 461 59%
Calculated on 2024 Jan
A Reference country where u get paid and use for product and services
B Comparison currency (PPP value)
C Value of 1 ref currency in reference country calculated in below country currencies
C(notes) For Example, with 1 USD in USA u can get prod and service in USA with value in India amounting to 2
ie, u pay 100 USD for a meal in USA and u will feel like having an experience (meal/service/hotel etc)
D actual
A B C Exchange
USA SAR 1.9 3.75
USA INR 22.9 83
Saudi INR 11.9 22.15
USA IDR 4850.0
Indonesia INR 212.0
USA UAE
untry currencies
with value in India amounting to 22.88 INR (Opposing to fact that 1USD=83INR)
xperience (meal/service/hotel etc) in India when u pay 2288 INR, and not 8300INR

1000 189700 211000


5600 464800
5600 88232760 98517612
521257.2

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