Indexes
January 12, 2015 Kh-Index | CPI and khachapuri index inflation pick up in December 2014
12
January
2015
In December 2014, Khachapuri Index returned to its upward seasonal trend and reached 3.66GEL. This is 9.4% higher compared to the previous month (November 2014) and 2.4% higher compared to December 2013 (y/y). The main contributors to y/y Khachapuri Index inflation were flour (16.4%), milk (7.2%), yeast (5.1%), butter (3.2%), and cheese (0.7%), while the price of eggs dropped (-6.4%).
Recent Khachapuri Index dynamics are consistent with GeoStat-reported general Consumer Price Inflation (CPI), which also increased in December by 0.7% in monthly terms and 2% y/y. CPI inflation was mostly driven by price increases in such categories as health (up by 6.7%), furnishing, household equipment and routine maintenance of the house (4%), restaurants and hotels (3.9%), food and non-alcoholic beverages, and alcoholic beverages and tobacco (2.5%). It is worth noting that, for much of 2014, prices in the clothing and footwear category have, on average, remained about 5.5% below their previous year's level.
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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.
