Reporting inflation is complex and the natural bias is to report it too low, so that more money can be "printed". The idea of the "Big Mac index" suggests the

Reporting inflation is complex and the natural bias is to report it too low, so that more money can be "printed". The idea of the "Big Mac index" suggests the need for alternative metrics. Consumer organizations should get to work on this and have their index published in the media along with the official numbers.