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Comments on Daily chart: The Big Mac index | The Economist
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The statistic depicts the so-called Big Mac index in The Big Max index is regarded as an indicator for the purchasing power of an economy. The average price for a Big Mac burger in Switzerland was 6. As many countries have different currencies, the standardized Big Mac prices are calculated by converting the average national Big Mac prices with the latest exchange rate to U.
Its global revenue amounted to about Most McDonald restaurants are spread across the United States.
2012 Big Mac Index
Expand statistic. Average price in U. I would exclude the Euro Zone since not all Euro countries are included in the viz and it's also the only aggregate included.
If you look at the chart alone without reading the article, it doesn't make sense to include it. I created some simple sparklines. The difference for me was that I wanted to look at the change in the price of a Big Mac over time, whereas Rodrigo looked at the change vs. I used the colors from the original viz. I liked how they worked together. I included some numbers for context. I limited the data set to only countries that had been in all of the 14 most recent surveys. I create a simplified mobile version that removes some of the BANs in order to fit onto the width of a mobile device.
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Global exchange rates, to go
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