Indexes
October 16, 2017 Kh-Index | Those who seek always find!
16
October
2017
In September 2017, the average cost of cooking one standard Imeretian khachapuri varied across Georgian cities, from 3.33 GEL (the minimum observed in Tbilisi), to 3.85 GEL (the maximum observed in Telavi). The average price was 3.63 GEL, which is 5.5% higher compared to the previous month (August 2017), and 6% higher compared to September of last year.
The least expensive city – Tbilisi – offers the highest savings for those “frugal housewives” who look for the cheapest ingredients for khachapuri. Thus, in Tbilisi, a frugal housewife would pay only 2.66 GEL (minimum price) for one portion of khachapuri, saving a solid 20.1% of the average price. Telavi and Batumi are less friendly to frugal housewives, offering savings of 10.1% and 10.2%, respectively. In the second-largest city of Georgia – Kutaisi – prices are the highest (3.74 GEL) after Telavi, however, overall it offers quite a good deal to seekers of low prices.
A frugal housewife would pay 14.4% less than the average price if she buys khachapuri ingredients in Kutaisi, where the minimum price is 3.20 GEL. The reason behind the differences in savings between cities might be explained by the level of market diversification and competition. Both would be expected to be the highest in Tbilisi, which offers the lowest price and the highest savings to frugal housewives.
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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.
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.
