{"id":6312,"date":"2024-07-26T13:00:01","date_gmt":"2024-07-26T05:00:01","guid":{"rendered":"https:\/\/flexstar-assets.com\/v4\/2024\/07\/26\/big-mac-as-an-inflation-measurement-cheapest-and-most-expensive-countries-are\/"},"modified":"2024-07-26T13:00:01","modified_gmt":"2024-07-26T05:00:01","slug":"big-mac-as-an-inflation-measurement-cheapest-and-most-expensive-countries-are","status":"publish","type":"post","link":"https:\/\/assets.flexstargroup.my\/v4\/2024\/07\/26\/big-mac-as-an-inflation-measurement-cheapest-and-most-expensive-countries-are\/","title":{"rendered":"Big Mac as an \u2018inflation\u2019 measurement. Cheapest and most expensive countries are\u2026?"},"content":{"rendered":"<p>The Big Mac PPP is an informal measure of exchange rate valuation created by the\u00a0Economist\u00a0in 1986. It uses the price of a McDonald&#8217;s Big Mac as a benchmark to compare the purchasing power between different currencies.  Source: investopedia.com<\/p>\n<p>There are limitations to using this as a benchmark but since then, this has been widely regarded as another popular measurement to determine the strength of the currency. So, let&#8217;s look at the latest measurement today and see what is the price of Big Macs all around the world and also where is Malaysia?<\/p>","protected":false},"excerpt":{"rendered":"<p>The Big Mac PPP is an informal measure of exchange rate valuation created by the\u00a0Economist\u00a0in 1986. It uses the price of a McDonald&#8217;s Big Mac as a benchmark to compare the purchasing power between different currencies. Source: investopedia.com There are limitations to using this as&#8230;<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_themeisle_gutenberg_block_has_review":false,"footnotes":""},"categories":[62],"tags":[],"class_list":["post-6312","post","type-post","status-publish","format-standard","hentry","category-property"],"acf":[],"_links":{"self":[{"href":"https:\/\/assets.flexstargroup.my\/v4\/wp-json\/wp\/v2\/posts\/6312","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/assets.flexstargroup.my\/v4\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/assets.flexstargroup.my\/v4\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/assets.flexstargroup.my\/v4\/wp-json\/wp\/v2\/comments?post=6312"}],"version-history":[{"count":0,"href":"https:\/\/assets.flexstargroup.my\/v4\/wp-json\/wp\/v2\/posts\/6312\/revisions"}],"wp:attachment":[{"href":"https:\/\/assets.flexstargroup.my\/v4\/wp-json\/wp\/v2\/media?parent=6312"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/assets.flexstargroup.my\/v4\/wp-json\/wp\/v2\/categories?post=6312"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/assets.flexstargroup.my\/v4\/wp-json\/wp\/v2\/tags?post=6312"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}