Thursday, October 21, 2010

The Big Mac Indicator - Global price level comparison

Global comparison of the price level in different regions / countries of the world using the Big Mac burger from McDonald's. This indicator gives you an idea of the general price level in a country, and shows if a currency is "over valued" or "under valued" based on the Big Mac burger.

Source: The Economist

Notice that the burger costs more in Europe than the US, Switzerland is very expensive, the price in Buenos Aires, Argentine is a little more than USD 2 and in Montevideo, Uruguay about USD 2.

Best Regards,
EWT Team
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