Indexes
October 02, 2017 Kh-Index | No cheap khachapuri around
02
October
2017
The average cost of cooking one standard Imeretian khachapuri reached 3.45GEL in August 2017. The price jumped up by 3.9% month-on-month (compared to July 2017), and by 9.2% year-on-year (compared to August 2016).
The Khachapuri Index increased in all large cities in Georgia compared to the prior year. The highest yearly increase of 12.8% was observed in Batumi, where the price stood at 3.60 GEL, followed by Telavi (3.52 GEL) where the annual increase was 11.6%, and Kutaisi (3.41 GEL) with an increase of 6.5%. The capital of Georgia happened to be the cheapest place to buy khachapuri (3.25 GEL), although the Tbilisi price of khachapuri increased as well (by 5.9%). The price difference between the most expensive city (Batumi) and the cheapest one (Tbilisi) was 0.35 GEL.
As was mentioned in the previous publication, this price increase might be related to the increased number of tourists coming to Georgia. Another factor affecting the Khachapuri Index is an increase in transportation costs, due to higher prices for fuel, largely because of an excise tax introduced by the government. According to Geostat figures, in August, prices in the transport commodity group increased by 11.6% compared to the previous year (August 2016). Since increased transportation costs translate into increased cheese prices, it is not surprising that khachapuri became more expensive in all of Georgia’s big cities.
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November 2024 | Khachapuri Index increased by 2%
28
November
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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.
