Latest Big Mac Index indicates an undervalued Czech crown
A Big Mac in the Czech Republic costs 13 percent less than in the states, suggesting that the Czech crown is currently undervalued compared to the dollar.
Bun-believable: Fast-food prices rise sharply in Czechia
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Amid high inflation and rising operational costs, Czechia's three major fast-food chains recently increased prices.
The Daily Dozen: 12 things to know about Czechia today
Mucha-themed exhibition opens in Paris, sweet treats and a spring quiz, and more buzzworthy headlines for March 22, 2023.
VIDEO OF THE WEEK: Watch scenes from the opening of the first McDonald’s in Czechoslovakia
This week marks 31 years since the Golden Arches first appeared in Prague.
The Big Mac index reflects a stronger Czech crown
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Still, McDonald’s increased the burger’s price twice last year, to reflect Czechia’s inflation and rising energy prices.
Fast food prices are on the rise in the Czech Republic
McDonald's has increased prices twice this year, and other fast food locations are following suit owing to increased energy and transportation costs.
Czech McDonald's beefs up cheeseburger prices by 11 percent
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Inflation throughout the economy is leading to a higher price tag at the fast food counter.
