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How Relevant Is the Big Mac Index During Inflation Times?
The Big Mac index or Burgernomics was designed to understand purchasing power parity - which shows the value of a currency when it comes to buying the same identical product in different countries. Robert Willock, Director MENA & Regional General Manager of The Economist Intelligence Unit (The EIU) explained its relevance in our current economic climate.
How Relevant Is the Big Mac Index During Inflation Times?The Big Mac index or Burgernomics was designed to understand purchasing power parity - which shows the value of a currency when it comes to buying the same identical product in different countries. Robert Willock, Director MENA & Regional General Manager of The Economist Intelligence Unit (The EIU) explained its relevance in our current economic climate. #BB1038FM #BigMacIndex #PurchasingPowerParity
Posted by Dubai Eye 103.8 News. Talk. Sport on Sunday, July 24, 2022
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