Indexes
March 14, 2016 Kh-Index | Tbilisi’s open bazaars competing with modern supermarkets
14
March
2016
Based on February data from three open bazaars in Tbilisi, the average cost of cooking one standard portion of Imeretian khachapuri stood at GEL3.47. Someone opting for the convenience of shopping in one of Tbilisi’s major supermarket chains, such as Carrefour, Fresco, Spar, or Goodwill, paid 4.40GEL (representing a premium of about 28%) for cooking exactly the same khachapuri. Modern retail outlets definitely offer many advantages for Georgia’s middle-class shoppers: an excellent selection of products, air-conditioned space, parking, etc. Yet, these advantages come at a cost.
ISET’s Retail Food Price Index data allows for a product-by-product comparison of bazaar and supermarket prices. As far as khachapuri ingredients are concerned, the supermarket price premium ranges from 6.8% (for milk) to more than 75% (butter). In between, we find eggs (11.5% more expensive in supermarkets); flour (21%); and cheese (35.2%).
Make wise consumer choices!
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March 2025 | Beginning of seasonal drop in Khachapuri Index
28
March
2025
In March 2025, the average cost of cooking one standard portion of Imeretian khachapuri stood at 6.93 GEL, marking an 8.3% increase compared to March 2024. However, on a month-to-month basis, the price declined by 1.6% compared to February 2025.
February 2025 | The Khachapuri Index increases by 0.3%
28
February
2025
In February 2025, the average cost of cooking one standard portion of Imeretian khachapuri stood at 7.04 GEL, marking a 0.3% increase compared to the previous month. However, on a year-on-year basis, the price of khachapuri rose by 3% compared to February 2024.
January 2025 | Khachapuri Index drops by 0.2%
30
January
2025
In January 2025, the average monthly cost of preparing one standard portion of Imeretian khachapuri ranged from 6.71 GEL in Batumi to 7.94 GEL in Telavi, with an overall average of 7.02 GEL. This reflects a slight 0.2% decrease compared to December 2024. However, on a year-over-year basis, the current price is 6.1% higher than in January 2024.
December 2024 | The Khachapuri Index over the decade
30
December
2024
In December 2024, the average cost of preparing one standard Imeretian khachapuri rose to 7.03 GEL, marking a 3.8% increase compared to November 2024 and a notable 8.4% rise compared to December 2023.
November 2024 | Khachapuri Index increased by 2%
28
November
2024
In November 2024, the average cost of preparing a standard portion of Imeretian Khachapuri increased to 6.77 GEL, marking a 2% rise from October 2024 and a 4.8% increase compared to November 2023. This seasonal rise in the Khachapuri Index is primarily driven by higher milk and dairy product prices, resulting from a seasonal decline in fresh milk availability and increased reliance on imported milk powder.
