How the Big Mac Index Relates to Overall Consumer Inflation
B Ravikumar and
Amy Smaldone
On the Economy from Federal Reserve Bank of St. Louis
Abstract:
Big Mac inflation appears to track CPI inflation, but its path can diverge from overall U.S. inflation because of price deviations relative to other items in the consumer basket.
Keywords: Big Mac index; inflation (search for similar items in EconPapers)
Date: 2024-04-11
New Economics Papers: this item is included in nep-mon
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Persistent link: https://EconPapers.repec.org/RePEc:fip:l00001:98111
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