Add to favorite
 
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS


Prices In Russian Starbucks Cafes Are the Highest In the World
May 17, 2017 15:05


(Source: http://5dx.ru/3231)

Prices in Russian Starbucks cafes turned out to be the highest in the world, with allowances for the cost of other goods and incomes of the population. This is evidenced by six researches of the ValuePenguin analyst company. The experts drew up the so-called latte index, similar to the “Big Mac index” calculated by The Economist magazine based on the price of a hamburger in McDonald’s restaurants in different countries.

The analyst company adopted the benchmark of a price of standard latte servings in coffee shops of Starbucks and also used the Euromonitor International statistics on consumer prices and World Bank data on currency exchange rates. The research noted that the basis taken for comparison is a price for a standard small latte portion of 354 ml in the United States — 2.75 dollars. This is the minimum for all countries reviewed.

According to the pricelist of Starbucks, such cup of coffee in Moscow will cost 255 roubles (nearly 4.5 dollars), in other cities in Russia the drink is cheaper. At the same time, in the “latte” index from ValuePenguin this price is equivalent to the amount of 12.32 United States dollars, i.e. almost five times higher. Experts have calculated that the comparative cost of coffee in Russian Starbucks cafes turned out to be one and a half times higher than in Indonesia.

The country ranks second in the ranking, latte is worth 8.21 dollars there. The third line is taken by Vietnam where the drink, according to the index, costs 8.18 dollars. Turkey abolished the restrictions on the import of wheat from Russia. This was stated in Istanbul on Thursday, May 4, by the country’s Economy Minister Nihat Zejbekci, as TASS reports with a reference to Bloomberg.


Sources: http://lenta.ru 

Author: Anna Dorozhkina

Tags:      

Next Previous

You might also find interesting:

X5 Retail Group Became a Market Leader From Russia With Esports Russias Growing Love Affair With Professional Video Gaming Gazprom Will Half the Capacity Of the Turkish Stream Pipeline Russian oligarchs regain their influence The World Treats Russia And The United States Worse





comments powered by Disqus




Comment on our site


RSS   twitter   facebook   submit

Bookmark and Share

Russian Parliament in Action

search on the map
TAGS:
gold and currency reserves  Internet Zone  Baikal  Karelia   Usinsk  Virtual National Museum  criminality  Boris Grebenshchikov  Earthquakes  Russian Film Week   Dmitry Moor  Unity Day  Bashneft  Golden Mask  Russian aviation  Fashion And Style  New Museums  Russian Literature  Malyuta Skuratov  IT  Russian sports  Nikolay Tsiskaridze  Film Distribution  Anastasia Zavgorodnyaya  Pskov  Archeology  the State Tretyakov Gallery  Yulia Samoylova  Mercedes-Benz Fashion Week Russia  Russian tourism  Igor Sechin  Nikita Khrushchev  Festivals  Trankov  discovery  Russian history  Saint Petersburg  Exhibitions in Moscow  Resources  Anatoly Serdykov  Baikal Race  Dima Yakovlev Law  Paleontology  Murmansk  Painting  Russian business  Russian customs  award  Russian Cinema  Moscow 


Travel Blogs
Top Traveling Sites