Big Mac Index July 2024. The big mac index is a survey created by the economist magazine in 1986 to measure purchasing power parity (ppp) between nations, using the price of a. Let's analyze these data a bit.
The humble big mac helps us reveal economic disparities, reflecting the cost of living, labor cost, and economic health among the countries. The big mac index is a survey created by the economist magazine in 1986 to measure purchasing power parity (ppp) between nations, using the price of a.