In the US, the price of a Big Mac has climbed 18% since January 2020, about in line with the 21% climb we’ve seen in the Consumer Price Index. Before Covid, you could buy a Big Mac for $4.82 ...

The theory behind the Big Mac Index is that the popular McDonald’s sandwich should have the same approximate level of affordability on a local basis from country to country. In other words, if a ...

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.

Indeed, the Big Mac’s birthplace is one of the priciest places to buy it, according to our comparison of over 70 countries around the world (see chart). In Vietnam, for example, the burger costs ...

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.

That’s a lotta lettuce. The average price for a McDonald’s Big Mac in the US is now estimated at $5.15, or nearly 22% more since the pre-pandemic era, a new study shows. The iconic burger’s ...

THIS time round our Big Mac index looks at changes since global money-markets seized up in the summer of 2007. The index is based on the theory of purchasing-power parity, which says that exchange ...

The Big Mac Index — which compares the price of the famous McDonald's hamburger in various countries around the world — was started as a joke in 1986, and purports to act as a light-hearted ...