China
Compared with Peru, using real observed prices.
Baseline: Peru = 1×
Overall verdict
China is about 0.63×
Peru.
Average across 4 categories, 7 items with data
The shape of prices (vs
Peru = 1×)
How to read this
The centre line is Peru. A bar running right means China is pricier; running left means cheaper. The thin bar behind shows the range from the cheapest to the priciest item in that category.
← Cheaper than
Peru
Peru = 1×
China is pricier →
Thin bar shows the range (cheapest to priciest item in the category)
In China, PC game (Cyberpunk 2077) costs 0.8× what it does in Peru — but Electricity 1kWh (household) costs only 0.4×. What is expensive here is labour, not the goods that carry a world price.
Real prices. Real sources. Real dates.
-
PC game (Cyberpunk 2077) 1 game ×0.75
China PEN 149.42 CNY 298
Peru PEN 199.00 PEN 199
-
Gasoline 1L 1 L ×0.75
China PEN 3.96 USD 1.179
Peru PEN 5.29 USD 1.575
-
Big Mac 1 burger ×0.73
China PEN 12.31 CNY 25.5
Peru PEN 16.90 PEN 16.9
-
Diesel 1L 1 L ×0.64
China PEN 3.51 USD 1.045
Peru PEN 5.52 USD 1.644
-
Electricity 1kWh (household) 1 kWh ×0.41
China PEN 0.26 USD 0.076
Peru PEN 0.62 USD 0.186
See what really changed 
Big Mac, 2021 → 2026At the timeUsing the exchange rate of each date
+14%
in CNY
22.4 → 25.5
22.4 → 25.5
vs
At today's rateUsing today's exchange rate
-10%
in PEN
It rose 14% in local currency, but -10% in yours. Most of what you feel is the exchange rate, not China's inflation.