Indexes
October 30 2017 Kh-Index | Khachapuri index on the rise
30
October
2017
The average cost of cooking one standard portion of Imeretian khachapuri increased up to 3.63 GEL in September 2017. This is 5.4% higher m/m (compared to August 2017), and 6% higher y/y (compared to September 2016).
According to official statistics, compared to the same month of the previous year the Consumer Price Index (annual inflation rate) increased by 6.2%, which is very close to our estimate in yearly terms, although monthly inflation (compared to August 2017) amounted to 0.7 %, which is lower than our estimate.
Khachapuri Index basket includes 6 ingredients needed to cook khachapuri (flour, cheese, egg, yeast, butter, and milk). In September, prices of all khachapuri ingredients, except egg, increased m/m. The highest increase was captured for cheese, whose price increased by 9.9%. Given that supply of milk decreases gradually as winter starts, one has to expect a further increase in cheese prices and khachapuri index respectively.
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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.
