The Big Mac index is actually invented by The Economist to measure Purchasing Power Parity in different countries and to determine whether currencies are over or under valued. By @data_iceberg

The Big Mac index is actually invented by The Economist to measure Purchasing Power Parity in different countries and to determine whether currencies are over or under valued. By @data_iceberg
London, United Kingdom Big Mac Index is a good indication because it considers the prices of wheat, meat, vegetable, other ingredients, transportation, staff and rental and also McDonald's has establishment almost in every single country in the world.Inspired by the index, we created this chart to show how much Big Mac price differs in different countries (it does not indicate purchasing power difference). It is amazing that you can buy is 3.6 times more Big Mac in Russian than Switzerland with the same amount of money!Do you like Big Mac? Cos I'm Lovin' It!#datavisualization #dataviz #datascience #dataanalytics #dataisbeautiful #datastorytelling #graph #diagram #statistics #statistician #datascientist #bigdata #analysis #math #maths #infographic #infographics #bigmac #mcdonalds #burger #burgers #foodie #foodlover #fastfood #mcdonald #foodstagram #traveltheworld #eating #travelguide #travelblogger

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