Indexes
April 16, 2018 | CPI and khachapuri index slump in february-march 2018
16
April
2018
In March 2018, the average cost of cooking one standard Imeretian khachapuri declined to 3.55 GEL, which is 3.2% lower month-on-month (that is, compared to February 2018), and 4.2% higher year-on-year (compared to March 2017).
The monthly (negative) change in the Index follows the traditional seasonal trend for fresh milk production, which gradually starts to decline in January and February. Compared to March 2018, prices decreased for milk and all dairy products (Milk 1.3%, Cheese 5.4%, butter 0.1%) used in cooking khachapuri. In addition, the price of an egg decreased by 0.4% m/m, and the price of wheat declined by 0.1% m/m.
The Khachapuri Index estimates are very much in line with the official estimate of annual inflation by GeoStat. CPI decreased m/m by 0.4% and has gone up y/y by 2.8%. According to Geostat, in monthly terms, the prices of the subgroups milk, cheese, and eggs declined by 3.1%. The price of food and non-alcoholic beverages increased by 3.9% year-on-year (which is close to the Khachapuri index estimate of 4.2%).
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October 2024 | Khachapuri Index upward trend continues
30
October
2024
In October 2024, the cost of preparing one standard Imeretian khachapuri reached 6.62 GEL, reflecting a 2% increase from September 2024 and an 8% rise compared to October 2023.
September 2024 | Seasonal surge in the Khachapuri Index begins
30
September
2024
In September 2024, the average price for preparing a standard portion of Imeretian khachapuri reached 6.48 GEL. During August and September 2024, the Khachapuri Index showed an upward trend, with prices increasing by 13% in September compared to July 2024.
July 2024 | Khachapuri Index dropped by 2.9%
28
July
2024
In July 2024, the average cost of cooking one standard portion of Imeretian khachapuri was 5.78 GEL, reflecting a 2.9% decrease compared to June 2024. On an annual basis, the price remained nearly unchanged, with a slight decline of 0.04% compared to July 2023.
June 2024 | Khachapuri Index increased by 2.9%
28
June
2024
In June 2024, the average cost of cooking one standard portion of Imeretian khachapuri stood at 6 GEL. After three months of a declining trend, the index increased by 2.9% compared to May 2024. On an annual basis, the average price is 6.8% higher than in June 2023.
May 2024 | Khachapuri Index's downward trend continues
28
May
2024
The average cost of cooking one standard portion of Imeretian khachapuri was 5.83 GEL in May 2024. Continuing the month-on-month downward trend, the price of khachapuri fell by 6.5% compared to April 2024.
