I have neglected to post the Big Mac Index.
At Rue Commerce in the 15th Arr a Big Mac costs 3.40 Euros. On the Champs Elysees it is 4.00 Euros. There has been heated discussion as to the value of this comparison. I offer the numbers without comment.
Should I do a Chocolate Index? Suggestions?
Dick, those are the raw numbers, please post the computed indexes and tell us if it's up/down with respect to Kowlumbus.
ReplyDeleteFranco,
ReplyDeleteA Big Mac in Klumbus costs about $2.95. That equates to 2.00 Euros at current exchange rates. The dollar therefore has only half the purchasing power on the Champs! This is the purpose of the index.