The up to date prices are all published by the Economist every year. I got all of the old prices by going through microfilm at the University of Michigan library.

• Big Mac index worldwide | Statista

This is a terrific resource. I just found it recently. I am an AP Economics teacher and am going to use it for my online class tonight. Thanks for doing the legwork for us!! And I have one question — please, could you tell me how often are the results released and published? Please, could you help me? Hello, what have you done is great. However, I have a few questions.

How can I interpret the last column? Why do we have an overvaluation of What could be the factors influencing the figures from the last column?

Well, in the euro area, we have the euro to be able to simply compare prices across the euro area. So how have Burger prices moved recently? Are prices in the euro area adjusting? Should we be pessimists or optimists on the adjustment challenge in the euro area? Since July , the Economist has also been collecting the individual prices of Big Macs in major euro area countries.

Source: Bruegel computation based on data compiled by the Economist. Even France is below average. So adjustment seems to be working not just for unit labour costs but even real prices adjust [1]. However, not all appears to be rosy.

Big Mac Index

Burger prices in Italy have increased much more than anywhere else except for Estonia. But perhaps Italy is just catching up? In fact, the Big Mac tells us that Italy is the most expensive place in the euro area.

Or to put it in percentages, in July , Italy was overvalued by 2. Of course, you may just as well say that Germany was undervalued… but then, the adjustment in Germany seems to go in the right direction but not in Italy in these last one and a half years. And of course, there has been quite some reporting last year that Italians are reducing their spending on food. A quick look at a broader set of prices, namely the harmonized consumer price index, show that this is not a special Big Mac story.

Well, perhaps all we capture are the tax increases that Italy put in place to adjust its public finance trajectory?

Move Over Big Mac: The Law of One Price Is Lovin’ Our Little Mac Index

A quick look at the HICP at constant taxes published by Eurostat again puts Italy at the top of the league with an increase of 4. Overall, the Big Mac index shows some adjustment in the euro area in the last 18 months but Italian inflation rates are worrying. Labour market reforms that do not translate into lower product market prices are detrimental to consumers and prevent the economy from gaining export strength. Italy needs to apply the right policies to address high inflation. Bruegel considers itself a public good and takes no institutional standpoint. Please provide a full reference, clearly stating Bruegel and the relevant author as the source, and include a prominent hyperlink to the original post.

Ursula von der Leyen has proposed a European Green Deal that would make Europe climate neutral by With this Policy Contribution, the authors provide a first analysis on how to make this initiative work. This event will be a workshop, aiming to look into the design and implementation process of the European Green Deal.


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Each session will be introduced by three short presentations aimed at launching the discussion among all workshop participants. Are large differences in the resilience of individual economies related to differences in the quality of country-level institutions that shape the absorption and response to these shocks? At this event we'll discuss the evolution of labour markets, and the role of institutional design and good process.

Can governments make their fiscal policy go further? And are they trusted enough to try? This week The Sound of Economics asks if the quality of public spending is as important as the quantity.


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    5. An on-going research project at Bruegel seeks to quantify and analyse printed media discourses about Europe over the decades since the end of the Second World War.