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Big Mac index

(index)

Last month, big mac index in Norway was -5.2 index. In the ranking by big mac index including 55 countries, Norway has the 4th rank that is close to the positions of such countries as the United States of America and the Canada. Compared to Switzerland which at the top of the ranking with big mac index of 18.8 index last month, Norway has 127.66 % percent lower big mac index.

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The Big Mac Index invented by The Economist is an informal way of measuring the purchasing power parity (PPP) between two currencies.