August 2012

Big Mac Index and the British Economy

August 28, 2012

Is the British Pound a “shadow of it’s former self?” Possibly, if you take the Big Mac Index as an indication. In reality, that actually depend on the goals of the central banks. Sure, the Pound went from 18% overvalued to 4% undervalued in a matter of 5 years, but is an undervalued currency necessarily a bad thing? China has been systematically devaluing their currency, the Yuan, for years in order to increase exports (see the comparison between the Big Mac Index 2007 and the Big Mac Index 2012).

 

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July 2007 to July 2012 Big Mac Index Comparison

August 22, 2012

The last 5 years have been 5 very tumultuous years and the Big Mac Index shows some of the effects of the economic carnage. The British Pound, which 5 years ago was 18% overvalued (according to the Big Mac Index 2007), is now 4% undervalued (see 2012 Big Mac Index). Remember though, that having a currency that […]

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Big Mac Index Text Download

August 14, 2012

This page contains all the Big Mac Information from 1986 until 2012. In order to use this information, copy and paste it by year and put it in a text document. It is space delimited so you can then import it into Excel if you want. This information took me many hours in front of […]

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How well did your currency weather the storm?

August 13, 2012

Between the Big Mac Index 2007 to the Big Mac Index 2012, Venezuela is WAY up ….. 83%. The British Pound is way down. Big Mac Index prices indicate how well your country has weather the financial storm since 2008. From The Braiser: “Measuring the Big Mac’s value against its cost back in July 2007, […]

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