US EditionBig Mac Index: Buying a Hamburger in Argentina Is More Expensive than in the Us
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diariosanrafael.com.arAfter a year of strong real appreciation under the government of Javier Milei, the peso appears today as undervalued against the dollar according to the traditional Big Mac Index.
According to a survey by the British magazine The Economist, Argentina is the second most expensive country (after Switzerland) to buy the famous McDonald’s combo, which reached a local value of US$ 7.37. This index serves to compare the purchasing power and value of the currencies of each country. Argentine value is above those of the United States and the European Union, showing inflation in dollars. While here more than seven dollars are paid…
According to The Economist’s latest survey, the Argentine currency presents a 9.6% undervaluation of the US dollar. The entry Index Big Mac: the Argentine peso is 10.6 percent undervalued was first published in #BorderJournalism.
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chacodiapordia.comOnly Switzerland surpasses the country in the global ranking. The combo is listed above US and European values, showing inflation in dollars. Argentina was once again at the center of the debate on international prices after the publication of the latest Big Mac Index, produced by the British magazine The Economist. The survey placed the country as the second most expensive economy on the planet to acquire McDonald’s’s famous combo, which reache…
Argentina was once again at the centre of the international scene due to the level of its prices following the publication of the latest Big Mac Index, produced by the British magazine The Economist. The survey placed the country as the second most expensive in the world to buy the traditional McDonald’s combo, which in the local market already costs US$ 7.37, a value that is only surpassed by Switzerland. Source
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