Indexes
November 14, 2016 Kh-Index | Good news for consumers
14
November
2016
In October 2016, the average cost of cooking one standard portion of Imeretian Khachapuri was 3.39 GEL, which is 6.1% lower year-on-year (compared to the same month of the previous year, October 2015).
Annual deflation, as measured by ISET’s Khachapuri index, is in line with the GeoStat’s Consumer Price Index (CPI); both are following the same trend. CPI in October 2016 decreased by 0.2% relative to October last year (y/y).
Prices of all khachapuri ingredients, except for butter, have decreased in October 2016 (compared to October 2015): cheese lost 8.3%, flour lost 6.7%, eggs lost 7.4%, yeast lost 5.5%, and milk lost 1.1%. However, the price of butter has gone up by 9.1%.
The main cause of CPI deflation was price decreases in the following categories: transport group (-6.7%), clothing and footwear (-5.2%), furnishing, household equipment, and routine house maintenance (-3.9%). The price of food and non-alcoholic beverages has gone up slightly by 0.2% (y/y).
Recent Publications
View All
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.
