Indexes
September 14, 2015 Kh-Index | Khachapuri and consumer price indices show inflation picking up in august
14
September
2015
In August, the average cost of cooking one standard Imeretian khachapuri jumped to 3.49 GEL, which is 11.4% higher month-on-month (m/m, that is compared to July 2015), and 7% higher year-on-year (y/y, that is compared to August 2014).
The main contributors to y/y Khachapuri Index inflation were cheese (8.6%), eggs (12.8%), milk (11.8%), and yeast (16.3%). Prices of two other ingredients decreased: flour (-2%) and butter (-0.3%).
An official estimate of price inflation, published by GeoStat, also shows that CPI increased both m/m (up 1%) and y/y (5.4%).
Annual (y/y) CPI inflation was mostly driven by price increases in such categories as “alcoholic beverages and tobacco” (up 13.1%), “health” (9.1%), “furnishing, household equipment, and routine house maintenance” (9.3%) and “food and non-alcoholic beverages” (6.3%). Prices decreased in the “clothing and footwear” (-0.9%) and “transport” (-1.6%) categories.
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.
