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Tatia Khidasheli
Salome Gelashvili

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Khachapuri Index
Inspired by the Big Mac Index of the Economist magazine, the ISET Khachapuri index tracks inflation by using the most popular Georgian food, the Khachapuri. As opposed to other inflation indices relying on a complex basket of consumer goods the ISET Khachapuri index uses a basket for calculating inf
lation that includes only those ingredients that are needed to cook one Imeretian khachapuri – flour, cheese, yeast, milk, eggs, and butter. It also includes energy costs – gas and electricity.
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February 13, 2017 Kh-Index | Khachapuri becomes cheaper for foreign currency earners
13 February 2017

In January, the cost of cooking one standard Imeretian khachapuri continued to increase, ranging from 3.56 GEL (Batumi and Tbilisi) to 3.92 GEL (Kutaisi), with the average cost being 3.67 GEL. The new average price is 1.9% higher than the price in January 2016. As for month-to-month development, the price of khachapuri is 1.3% higher compared to the previous month (December 2016).
February 06, 2017 Kh-Index | Will cheese prices continue to rise?
06 February 2017

In January, the cost of cooking one standard Imeretian khachapuri continued to increase, ranging between 3.56 GEL (Batumi and Tbilisi) and 3.92 GEL (Kutaisi), with the average cost being 3.67 GEL. The new average price is 1.9% higher than the price in January 2016. As for month-to-month development, the price of khachapuri is 1.3% higher compared to the previous month (December 2016).
January 30, 2017 Kh-Index | A wise housewife can save a lot
30 January 2017

The average cost of cooking one standard Imeretian khachapuri in January 2017 across Georgian cities varied from 3.56 GEL (prices observed in Tbilisi and Telavi were exactly the same) to 3.92 GEL (observed in Kutaisi). The overall average price was 3.67 GEL, which is 1.3% higher compared to the previous month (December 2016), and 1.9% higher compared to same month last year (January 2016).
January 23, 2017 Kh-Index | Do georgians consume less khachapuri?
23 January 2017

The average cost of cooking one standard Imeretian Khachapuri in the last month of 2016 increased to 3.62 GEL, which is 4.6 % higher month-on-month (m/m, that is, compared to the previous month), and 4% lower year-on-year (y/y, that is, compared to the same month of last year).
January 16, 2017 Kh-Index | Do imeretians love imeretian khachapuri the most?
16 January 2017

Driven by the sharp seasonal increase in the price of Imeretian cheese, the average cost of cooking one standard Imeretian Khachapuri in December 2016 stood at 3.62 GEL. The Index reached its lowest value (3.51 GEL) in Batumi; the maximum was observed in Kutaisi and Tbilisi (3.75 GEL and 3.63 GEL, respectively). The average price of 3.62 GEL is 4.2% higher compared to the previous month (November 2016), and 4.0% lower compared to December of last year.
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