![]() And in the last year, the Big Mac sandwich is up an identical 7%. So what does all of this data mean to you? Well it's no surprise, life has become increasingly expensive. Other goods and services have mirrored the same trend over the last decade, including: raw food price index is up a modest 7%Īnd this trend of consumer goods skyrocketing in price is not only a Big Mac trend. The Consumer Price Index has gone up 22%. ![]() Here's how other items and economic factors have fared during the last decade: The burger now costs an average of $6.05 in the U.S., a 40% increase over the last 10 years. And in some cases, the sandwich is rising in price faster than several economic measurements. Without diving deep into economic theory, the Big Mac index is noteworthy as it demonstrates the staggering inflation we're experiencing.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |