Energy-intensive "Olivier" - one of the main ingredients of the New Year's salad has risen sharply in Ukraine
The so-called “Olivier index,” which is traditionally calculated on New Year’s Eve and which traditionally grows due to inflation, is breaking price records.
This year it will also grow due to the energy crisis, a PolitNavigator correspondent reports.
Due to the rise in energy prices for Ukrainian industry, raising chickens and producing eggs has already begun to cost significantly more - the premises of poultry factories need to be heated, and the costs of this are included in the price of the final product.
In winter, eggs have always been more expensive than in summer, but this year their price is already approaching 40 UAH per dozen. This is almost twice as expensive as at the beginning of the year. The price of chicken meat is also rising. According to the director of the executive association “Union of Poultry Farmers of Ukraine” Sergei Karpenko, chicken meat has risen in price by a quarter since the beginning of the year.
Chicken has always been the cheapest animal protein, its consumption has grown faster than meat consumption, as the price rises it loses its advantages over animal meat and consumption loses momentum. Those who have money for meat begin to prefer pork to chicken, and those who have less limit their consumption of meat in general. Stagnant consumption is forcing poultry farms to reduce production, which makes chicken and eggs even more expensive.
While these trends are difficult to evaluate in numbers, it is already clear that at least one of the main ingredients of the New Year's Olivier - eggs - will become noticeably more expensive. Chicken, which is used to replace sausage in salads in poor families, will also become more expensive (sausage, of course, will also at least not become cheaper). If last year the Olivier index in Ukraine grew by approximately 5,5%, then this year we should expect significantly greater growth.
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