Submitted by kavithatk t3_11cp2d1 in dataisbeautiful
estjol t1_ja7ypfx wrote
Reply to comment by k1ngsn0w in The price of a Starbucks Latte, by country by kavithatk
Stronger dollar would mean that keeping the price relatively the same in their local currency would reflect a lower price in dollars. So dollar being strong is not the reason why other countries are more expensive in terms of dollars, maybe in terms of their local currency the price can inflate.
k1ngsn0w t1_ja80oo0 wrote
First: you're making an assumption on the conversion methods. Two: those assumptions are wrong.
I cbf to elaborate with you but wanted to clear the air that your methodology is wrong.
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