The “Big Mac Index” was created in the 1980s by economists looking to evaluate the relative levels of affordability among various countries and currencies. The idea was that McDonald’s Big Mac was ...

Forget finance pros, your local banker, and even TikTok money psychics, for that matter. The only thing you need to understand the economy and where it's headed is a hearty, satisfying burger. The ...

The “law of one price” holds that identical goods should trade for the same price in an efficient market. But how well does it actually hold internationally? The Economist magazine’s Big Mac Index ...

The Big Mac Index uses the humble burger to decode global currency shifts and hidden price pressures. It’s economic theory served with a clever side of insight. The Big Mac Index uses the price of a ...

Whether it's a staple of your diet, or a meal you're forced to pick up on a road trip, nearly all of us recognize two beef patties, three sesame seed buns, cheese, pickles, iceberg lettuce, onions and ...

The Economist has released its Big Mac Index for July, and it turns out the soaring loonie is causing something of a pickle for Canadians. The magazine compares the price of Big Macs locally to a ...

The Big Mac index reveals inflation is underestimated; Big Mac prices have risen 163% since 2000, while official inflation is only 85%. Technological advancements and hedonic adjustments skew ...