iPhone Price Index

The iPhone price index shows how much people in different countries have to pay for an iPhone compared to the price in the United States. The difference is called the premium. In India, for example, the price is $1401, which means buyers here pay about 29.8% more than the U.S. price.

Countries like Czech Republic, Germany, Austria, and Spain have lower premiums of around 20–25%.

Premiums Across Countries

The data shows that whether it is a developed country or a developing one, the premium on iPhones stays within a certain range. The only big exceptions are Brazil and Turkey. In Turkey, the price is more than double due to very high taxes, and in Brazil, it goes up to around $1800. These higher prices come mainly because of luxury taxes added on electronics.

Hidden Tariffs in Prices

This situation shows how companies are passing on extra costs to customers around the world. It is not only about what one country exports or imports. For example, an iPhone being 30% more expensive in India is like a hidden tariff charged by the company itself. This means consumers outside the U.S. are also bearing the burden of trade policies and price adjustments.

Global Push for Tariffs

Right now, many countries are trying to earn more by adding tariffs and making others pay for goods and services. In this way, companies and governments are pushing higher costs onto buyers worldwide. Some believe the U.S. is leading this practice by making sure consumers in other nations pay more for the same products.

Impact on Inflation

With tariffs rising on many products, from 15% to even 100% in some cases, the cost of living is going up everywhere. These higher prices will not only affect consumers in countries like India, Brazil, or Turkey, but also in the U.S. itself. When everyday items get more expensive, inflation rises, and this can easily lead to the next economic crisis.