Move over Big Mac, now its the Latte Index of currency valuation

Author: Eamonn Sheridan | Category: Education

The Wall Street Journal has put together a "Latte Index", using purchasing-power parity (PPP) (i.e. comparing the cost of the same good in different countries) - to estimate which currencies are overvalued and undervalued


Check out the reulsts in the pic below:



For more on this (although its fun, PPP is a method of valuing currencies) I have posted on