Engineering Alpha

Engineering Alpha

The Big Mac Index — Forecasting Exchange Rates

Discussing the Big Mac Index and Downloading its Data Using Python

Sofien Kaabar, CFA's avatar
Sofien Kaabar, CFA
Mar 06, 2023
∙ Paid

Inflation is measured through many ways such as the consumer price index and the personal consumption expenditure. However, there is an index that has been calculated on a regular basis which seems to track inflation all around the world and as you may have guessed from the bright cover photo that makes your eyes hurt, it compares it to the price of a b…

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