The Belgian Bun Index

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A topic from Skills, Talents & Leisure: Shopping

laresTue 28/06/11 21:53

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"The Gregg's Belgian Bun Index is published by Lares as an informal way of measuring the purchasing power parity (PPP) between two currencies and provides a test of the extent to which market exchange rates result in goods costing the same in different countries. It "seeks to make exchange-rate theory a bit more digestible".[1]

The index takes its name from the Gregg's Belgian Bun, a pastry sold at Gregg's shops."


(in the style of http://en.wikipedia.org/wiki/Big_Mac_Index )

So, recently I've been to London, Cardiff, and Edinburgh on a mission to update my indexing, and I've discovered that:

1 bun in London is 60p and a deal for 2 is £1.10
1 bun in Cardiff is 55p and a deal for 2 is £1.00
1 bun in Edinburgh is 55p and a deal for 2 is (not available).

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