“Shawarma Index”: the average salary of a Ukrainian will not be enough for three meals a day by the end of the year

12.03.2015 21:04
  (Moscow time)
Views: 1281
 
Society, Story of the day, Ukraine, Economics of Collapse


Kyiv, March 12 (PolitNavigator, Alexandra Ignatieva) – By the end of the year, Ukrainians will not have enough average salary to have breakfast, lunch and dinner every day.

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Kyiv, March 12 (PolitNavigator, Alexandra Ignatieva) –  By the end of the year, Ukrainians will miss...

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“There is a “Big Mac index”, which allows you to assess the satiety of life in different countries, taking into account purchasing power parity. Big Macs are sold in every country, but they cost differently everywhere. The calculation is made based on its price. We decided to adapt the technology to our realities and calculate based on shawarma, which is sold everywhere,” the journalists say "Third Digital"who carried out the calculations.

Since the beginning of February 2015, the price of shawarma in Odessa has increased by 4 hryvnia. “The product cost 20-22 hryvnia for so long that many have already forgotten when. The actual shawarma is not some kind of bagel or imperialist Big Mac, but a complete meal that fits in one hand, as well as a cast of the national economy in one bottle. There is bread, meat, vegetables, spices and mayonnaise. The ideal grocery basket. All products increased in price differently, but overall the price of shawarma increased by a third, reflecting inflation of 29.7%,” the journalists write.

According to Ukrainian statistics, the average salary in Ukraine is 3250 hryvnia. At old prices, a Ukrainian could eat 147,7 shawarmas, 5 pieces per day. At the new prices - 101,5 shawarmas, that is, a little more than three pieces a day, which allows you to eat well three times a day.

According to the government's pessimistic forecast, the inflation rate in 2015 will be 42,8%. Shawarma will cost 42 hryvnia. This is 77,3 shawarmas per month or 2,5 shawarmas per day.

Thus, if the government’s worst forecasts come true, then by the end of the year the average Ukrainian will be able to eat two and a half times a day, of course, if he stops buying clothes and paying for utilities, journalists state.

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