Big Mac Price 2024. Big mac prices across the u.s. The big mac index is a price index published since 1986 by the economist as an informal way of measuring the purchasing power parity (ppp) between two currencies and providing a test of the extent to which market exchange rates result in goods costing the same in different countries.
January 13, 2024 at 15:49 jst. Url to be used as reference link :.
A Chinese Big Mac Cost 25 Yuan In December 2023, Whereas The American Version Came To $5.69.
The price does vary depending on the us region, so the big mac index is an average of all the united states.
Our Big Mac Index Shows How Burger Prices Are Changing.
That’s an absolute increase of $4.70, or 1044.44% in a period of 57 years.
Updated 5:00 Pm Est, Wed February 7,.
Written by apurva mahajan / published on march 2, 2023 / last updated on february 2, 2024.
Images References :
In What Countries Is The Ubiquitous Meal Cheapest—And Dearest?
The index includes data from 78 countries, with only five countries exhibiting a higher big mac price than the us.
By Kentaro Uechi/ Staff Writer.
Brought to you by mau, a.
The Big Mac Index Is A Price Index Published Since 1986 By The Economist As An Informal Way Of Measuring The Purchasing Power Parity (Ppp) Between Two Currencies And Providing A Test Of The Extent To Which Market Exchange Rates Result In Goods Costing The Same In Different Countries.