Bangkok is placed in position 26 in the 2016 Coffee Price Index with an average coffee cost of $1.88.
This compares to Zurich which came in as the most expensive city overall, at an average of $3.52, and Rio de Janeiro where coffee was the most affordable, with an average of $1.0
The research, which took into account 75 cities from 36 countries across the globe, found that Rio de Janeiro, Brazil offers the least expensive average coffee price, whilst Zurich, Switzerland was the most expensive city researched.
As one of the major coffee distributors to European workplaces, Service Partner ONE understand the importance of coffee in business and lifestyle. They undertook the research in order to better understand the interesting global economics behind coffee across different markets.
To create the ranking, the research team averaged the cost of four separate types of coffee: a cup of coffee in an office, a Grande Latte from Starbucks, a medium cappuccino from an independent coffee shop, and a cup of coffee at home.
The research looks into costs of coffee from various sources, not just high street outlets, in order to get a clearer picture of the overall value of coffee in each city.
The study revealed overall that the 10 most affordable cities for coffee are:
Independent Coffee Shop
Rio de Janeiro
Thailand remains 54th in World Happiness Report’s ranking
As one would expect with lockdowns and physical distancing, the pandemic had a significant effect on workforce well-being. Falling unemployed during the pandemic is associated with a 12% drop in life satisfaction.
Gambling in Asia: Thailand and more
There is a large demand for gambling throughout Asia, which is detailed below in a comparison between various countries, such as Thailand and more.
One of the fastest growing industries in the world is the gambling industry. It is currently worth around $443.2 billion, and is expected to continue climbing to an estimated $647 billion by 2027.
Skin-lightening products market to reach US$31 billion by 2024
In emerging Asian and African economies, the natural aspiration to enhance one’s circumstances has led to rapid growth in the market for skin-lightening products, which is projected to reach US$31 billion by 2024.
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