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I was also wondering about pet food - the cost of a can of branded food from Mars Food or Nestle (like Purina) is very different across countries (I know because once upon a time we had a traveling cat with us.) I.e. in Germany a can would cost $0.50, in Turkey you'd pay $1.50 for the same can. The "pampering" from the cat's perspective didn't change, but the expense definitely did.
I wonder if there’s some quality difference between those products.
If not, I guess it’s just due to it being a relatively low unit value good, which makes it harder to arbitrage across large geographies.
Although, there are also service costs embedded in those prices and those would require PPP adjustments.
I think it's transport costs, tariffs, but perhaps most of all pricing strategy from the producer or importer; positioning of a product in one place can be made "luxury" and being priced for max profit, while in the other, where there is a huge market share, the product is priced for maximum quantity.
Yep, things like veterinary or grooming services aren’t tradable, so exchange rates can’t capture those differences.