Starbucks via Pixabay
CAIRO - 4 May 2017: The Starbucks latté costs more in Egypt, among other places, than in the U.S., a research firm finds out.
The firm, ValuePenguin, surveyed the costs of latte in 39 countries, other than the U.S., and adjusted them to reflect the prices of other goods and services in these countries compared with the U.S.
The results showed that Starbucks is relatively more expensive in any other country compared to the U.S.
According to the survey, Russia had the most relatively expensive latte, at $12.32, compared to little more than $2 in the U.S.
Egypt, Indonesia, Vietnam, Thailand, India, Malaysia, China, Saudi Arabia, the Philippines and United Arab Emirates come next, where the price for lattes ranges from $6 to $8.
Latte is less expensive in Poland, Bulgaria, and Sweden, but it is still cost more than $5 for a tall latte.
Starbucks branches are widespread in Egypt’s main cities and tourist areas.
There are over 15 Starbucks coffee branches in Cairo alone.
The number of Starbucks branches has grown across the world, with nearly two branches being opened a day.