Five charts to start your day

Sorry, I’ve been away for a while. I took a break as I wasn’t sure how useful this was to you. But I have since received feedback that I should continue. So here is what’s coming up:

1. The GDP of China and India since the 1960

2. The cost of an iPhone 15 in different countries

3. China's exports are tumbling, except to Russia

4. OPEC Oil Data Show 3 Million-Barrel Shortfall

5. The Monthly Cost of Buying vs. Renting a House in America

As always, the first is free and the rest to view are for paid subscribers.

1. The GDP of China and India since the 1960

Source: EEAGLI

• Since the 1990s, China's GDP growth has substantially outpaced India's, expanding the economic gap significantly between the two nations.

• Some of the reasons given are due to China's earlier economic reforms, its focus on export-oriented growth, and substantial investments China has made in infrastructure, education and healthcare during this period.

• To narrow the existing GDP gap with China, India may need to undertake significant economic reforms including reducing government intervention in the economy, fostering a favourable investment climate, facilitating ease of doing business and enhancing the education and healthcare sectors.