Indexes
January 30, 2017 Kh-Index | A wise housewife can save a lot
30
January
2017
The average cost of cooking one standard Imeretian khachapuri in January 2017 across Georgian cities varied from 3.56 GEL (prices observed in Tbilisi and Telavi were exactly the same) to 3.92 GEL (observed in Kutaisi). The overall average price was 3.67 GEL, which is 1.3% higher compared to the previous month (December 2016), and 1.9% higher compared to same month last year (January 2016). The change in yearly terms was driven by small increases in three ingredients: cheese prices went up by 5.4%, followed by yeast (4.1%), and butter (3%).
Data for the Khachapuri Index is collected for six khachapuri ingredients such as cheese, butter, milk, flour, eggs, and yeast. For every khachapuri ingredient, prices are observed in multiple sites. Therefore, we are able to calculate a “Frugal Housewife” Index for those who are eager to save.
A housewife who cares to search for the cheapest ingredients available would be able to save 17% by paying only 3.35 GEL to make one standard Imeretian khachapuri in Kutaisi. Telavi and Batumi are offering savings of 15% and 8% respectively.
Tbilisi offers the greatest savings for the “Frugal Housewife.” A Tbilisian could cook one standard Imeretian khachapuri at the lowest cost (2.91 GEL), saving 21% below the average price, which is the largest saving rate among all the cities.
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April 2024 | Khachapuri Index marks its second consecutive monthly decline
30
April
2024
In April 2024, the average cost of cooking one standard portion of Imeretian khachapuri stood at 6.24 GEL, marking a 4.0% increase from April 2023. However, on a month-to-month basis, the price of a single khachapuri decreased by -2.4% compared to March 2024.
March 2024 | Beginning of seasonal drop in Khachapuri Index
01
April
2024
In March 2024, the average cost of cooking one standard portion of Imeretian khachapuri stood at 6.40GEL. This latest average price marks a -1.8% decrease compared to March 2023. Additionally, in month-to-month developments, the price of khachapuri decreased by -6.4% compared to the previous month (February 2024).
February 2024 | The Khachapuri Index increases by 3.3%
04
March
2024
In February 2024, the average cost of cooking one standard portion of Imeretian khachapuri stood at 6.83 GEL, marking a 3.3% increase compared to the previous month. However, in a year-to-year comparison, the price of khachapuri decreased by 1.5% compared to February 2023.
January 2024 | Khachapuri Index continues its upward trend
29
January
2024
In January 2024, the average monthly cost of preparing one standard portion of Imeretian khachapuri increased, ranging between 6.40 GEL (Batumi) and 7.11 GEL (Tbilisi), with an overall average cost of 6.62 GEL. This recent average indicates a 2% increase compared to the preceding month of December 2023. While examining year-to-year trends, the current price of khachapuri is 4.6% lower than in January 2023.
December 2023 | The Khachapuri Index over the decade
28
December
2023
In December 2023, the average cost of preparing one standard Imeretian khachapuri experienced a slight increase, reaching 6.48 GEL. This signifies a 0.2% rise compared to November 2023 and a noteworthy -7.3% decrease compared to December 2022.
