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February 2026 | Khachapuri Index increased by 14.3%
26 February 2026

In February 2026, the average cost of preparing a standard portion of Imeretian khachapuri increased to 8.05 GEL, marking a 1.6% rise compared to January 2025 and a 14.3% increase year-on-year.

January 2026 | Khachapuri Index increased by 12.9%
30 January 2026

In January 2026, the average cost of preparing a standard portion of Imeretian khachapuri increased to 7.92 GEL, marking a 0.8% rise compared to December 2025 and a 12.9% increase year-on-year. The seasonal rise in the Khachapuri Index was primarily driven by higher milk and dairy prices, reflecting a seasonal decline in fresh milk availability and increased reliance on imported milk powder.

Q3 2025 Macro Review | Services momentum, external resilience
12 January 2026

According to preliminary indicators, real GDP grew about 6.5% y/y in Q3 2025 (Figure 1), easing from 7.3% in Q2 but still above the pre-2022 norm. Expansion remained services-led: summer tourism, ICT, and transport did most of the lifting, while manufacturing and construction/utilities were softer as re-exports normalized.

December 2025 | The Khachapuri Index over the decade
30 December 2025

In December 2025, the average cost of preparing one standard Imeretian khachapuri increased to 7.86 GEL, marking a 5.2% rise compared to November 2025 and a notable 11.8% increase compared to December 2024.

December 2025 | Georgia’s economy in 2025: robust growth, inflation pressures, and external risks
22 December 2025

According to the ISET Policy Institute's latest projections, based on September’s data, Georgia's economy is expected to grow by 6.7% in the fourth quarter of 2025 and 5.2% in the first quarter of 2026. The annual growth in 2025 is expected to be 7.6%.

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