The Big Mac Index, a quirky economic tool, measures global currency value through the cost of a McDonald’s burger. It’s simple, bite-sized economics that anyone can understand.

However, in this year's Big Mac Index, a burger in Switzerland costs SFr 7.20, approximately the equivalent of $8.74. This indicates that the franc could be overvalued by as much as 38%, according ...

From this comparison, you can see that while annual Big Mac Index (BMI) inflation through December 2021 and since 1996 has been 3.54%, the CPI has only reported 2.31% inflation.

A Big Mac, though, is always a Big Mac, allowing for slight local differences in ingredients. The editors of The Economist stress that the index should not be taken too seriously.

The Big Mac Index may not be entirely accurate as a standalone standard, but it provides a useful, accessible, and engaging way to discuss economic concepts and compare purchasing power across ...

The price of a Big Mac in the US, where McDonald's was born, is much higher than in many other countries. The average cost for an American consumer is now $5.58, up from just $0.45 when it was ...

The Big Mac has become an economic benchmark In 1986, The Economist unveiled the “ Big Mac index ,” which acts as a “lighthearted guide to whether currencies are at their ‘correct’ level ...

The story of economic inequality is often told through graphs, numbers, and economic jargon. But sometimes, all it takes is a humble Big Mac to highlight the stark realities of income disparity ...

The story of economic inequality is often told through graphs, numbers, and economic jargon. But sometimes, all it takes is a humble Big Mac to highlight the stark realities of income disparity.