Big Mac Index Data

This is the raw data upon which the real CPI was calculated. "Total CDN CPI" column is the sum of the annual CPI published by Statistics Canada. The "Factored CDN CPI " is the CPI adjustment using the Big Mac price increase as a factor. The "Real CPI" is then the "Actual CDN CPI" adjusted by that factor to arrive at what would be an accurate representation of the CPI as opposed to the published data. (This is distinct from the linear regression correction that I used in the graph.)






CPI to Big Mac Factor 33.47368

Canada June






Big Mac
USD
CAD-USD
Rate
YEAR Big Mac
CAD
CDN CPI
Annual
Total CDN
CPI
Factored
CDN CPI
True CPI
1

2000 2.85
95.400 2.850 95.400
2

2001 3.33 2.40% 97.800 2.922 111.467
3

2002 3.33 2.20% 100.000 2.987 111.467
4

2003 3.20 2.80% 102.800 3.071 107.116
5

2004 3.19 1.90% 104.700 3.128 106.781
6

2005 3.28 2.30% 107.000 3.197 109.794
7

2006 3.52 2.10% 109.100 3.259 117.827
8

2007 3.88 2.40% 111.500 3.331 129.878
9

2008 4.09 2.60% 114.100 3.409 136.907
10

2009 3.89 0.30% 114.400 3.418 130.213
11

2010 4.17 2.10% 116.500 3.480 139.585
12

2011 4.73 3.40% 119.900 3.582 158.331
13

2012 5.12 1.80% 121.700 3.636 171.385
14

2013 5.53 1.10% 122.800 3.669 185.109
15

2014 5.64 2.40% 125.200 3.740 188.792
16

2015 5.85 1.40% 126.600 3.782 195.821
17

2016 6.00 1.80% 128.400 3.836 200.842
18

2017 5.97 2.00% 130.400 3.896 199.838
19

2018 6.65 3.00% 133.400 3.985 222.600
20

2019 6.77 2.60% 136.000 4.063 226.617
21

2020 6.88 1.00% 137.000 4.093 230.299
22 $5.65 $0.7978 2021 7.08 4.60% 141.600 4.230 237.060
23 $5.32 $0.7685 2022 6.92 9.60% 151.200 4.517 231.736
24 $5.36 $0.7409 2023 7.23 5.90% 157.100 4.693 242.164
25 $5.56 $0.7300 2024 7.62 3.80% 160.900 4.807 254.939



2025 7.81 4.60% 165.500




2026





Big Mac vs CPI 2000 – 2024
Slope corrected peaks to 2024

7.60
151.47


Percent rise for the period

YEARS Big Mac
Stated CPI True CPI increase

2000 to 2024 166.7%
56.1% 159.5%

2014 to 2024 34.8%
26.3% 69.8


Linear Regression Formula

2000 to 2024


y=0.21X+2.35Big Mac

y=0.07X+2.73CPI-factored

y=2.4X+91.47CPI-base

Sources for data:
Social Science Statistics, Bank of Canada (CPI), Visual Capitalist, X-Rates, Kaggle, Kamloops BC Now, Voronoi

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