The analysis found that workers in Japan can buy 2.18 Big Mac hamburgers for their one-hour work at a restaurant or retail shop, compared to 3.95 in Australia and 2.56 in Hong Kong. The number in ...

The Philippine peso is still undervalued by 50% against the dollar, according to the latest update of the Big Mac Index released by The Economist. As of January 2025, a Big Mac costs $5.79 in the ...

Big Mac Index is based on the purchasing power parity theory, which in the long run the different exchange rates, should lead to equal values of the different prices for an identical basket of ...

Big Mac prices in Turkey have hit record highs again. Inflation and currency changes have made it one of the most expensive worldwide.

President Donald Trump‘s latest trade policy memo could find unexpected support from an unlikely source—McDonald’s (NYSE:MCD) hamburger prices. A Big Mac costs $5.79 in the U.S. but only $3. ...

The national currency is the most devalued local currency in Latin America, according to the Big Mac Index published ... This is based on the Purchasing Power Parity PPP theory, which is the ...

The iconic burger, which serves as the foundation of the Big Mac Index – a global measure of purchasing power parity – tells us more about South Africa's economic landscape than most policy ...

The Economist’s Big Mac Index ... Created in 1986, the index was designed as an accessible way to understand purchasing power parity between currencies. While not intended for precise policy ...