Indexes
November 03, 2014 Kh-Index | Khachapuri index takes a breather on the way up
03
November
2014
After consistent increases in two previous months, the average cost of cooking one standard Imeretian khachapuri stayed at 3.35 GEL in October 2014, unexpectedly bringing the Khachapuri Index to a halt. The Index dropped 0.1 % month-on-month (compared to September 2014) and year-on-year (compared to October 2013).
There was quite a bit of regional variation in the Khachapuri Index dynamics. The Index lost 1.8 % and 1.2% in Tbilisi and Kutaisi, respectively; Batumi experienced the largest decline (-6.5%) at the end of the tourism season. The only city preserving the usual upward trend of the Index is Telavi (up by 9.9%). The price variation between the most expensive (Kutaisi) and the cheapest (Batumi) cities reached 0.42 GEL.
Despite this temporary respite, the Khachapuri Index will continue to increase in the coming months due to a seasonal decline in the supply of cheese, the main khachapuri ingredient.
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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.
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.
