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Explore 'The Big Mac Index,' an economic indicator created by The Economist as a cheeky reference for the purchasing power of consumers across different countries (paywall may apply).

Findings

Additional insights we found via The Economist

  1. The index is a digestible way to understand purchasing-power parity, which posits that long-term exchange rates should make products cost the same across currencies.

  2. Created in 1986, the Big Mac Index has become a global benchmark for understanding exchange rates and international economies, and has even been cited in numerous textbooks.

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