Wednesday, November 05, 2008

The iPod Nano Index (or where you should buy your electronics stuff)

At the moment it's Australia, followed by Indonesia and Canada. No surprises there. Anyone who has been watching the the exchange rate will know that the Aussie dollar has plunged more than 25% against the dollar over the few months.

CommSecs' iPod Index(pdf) takes after the Economist's Big Mac Index in trying to show the cost of local goods for foreign buyers (measuring PPP). Basically it denotes the price of 8 GB Apple iPods from 62 countries in USD terms. Here's the full index:

Sri Lanka is on the expensive side when it comes to electronics. But you'd be happy to note, we have the cheapest Big Macs.

Here's the full report on the Index. I thank Paul Kedrosky for the chart and MR for the pointer.

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