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 ...

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 ...

EACH YEAR a typical American worker can afford more than six times as many Big Macs at home as a worker in Mexico can. That gap is the point of The Economist’s McWages index, which translates pay into ...

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 ...