Big mac index5/27/2023 ![]() ![]() After the re pricing calculation the country with the more expensive Big Mac indicates that countries currency is undervalued as it takes more of that currency to buy the same identical Big Mac hamburger. But they never are, one being more expensive than the other. The Big Mac Index is an interactive tool featured on The Economist magazine website that allows you to compare the purchasing value of a countries currency via the cost of an identical item, the Big Mac hamburger.Īfter a Big Mac is repriced according to each countries currency, theoretically, the Big Mac from each country should be exactly the same price. The Big Mac Index gave rise to the word burgernomics. ![]() The Big Mac Index was introduced in The Economist magazine in September 1986.
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