We’re keeping to our traditions and have cooked up a New Year Supra Index for our readers once again this year. The Index identifies the average cost of a standard festive supra meal for a family of five to six people over every Georgian region.
In November 2021, the Khachapuri Index continued its upward trend and reached 5.37 GEL. This figure is 7.2% higher than the previous month (October 2021) and 19% higher than November 2020 (YoY). Every ingredient contributed to the YoY Khachapuri Index inflation: eggs (38.6%), flour (30.2%), butter (22.6%), yeast (18.7%), cheese (14%), and milk (10.3%).
In October 2021, the cost of cooking one standard Imeretian khachapuri increased both annually and monthly, ranging between 4.3 GEL (Kutaisi) and 5.5 GEL (Telavi), with an average cost of 5.0 GEL. The latest average price is 14.9% higher than October 2020. In month-to-month development, the price of a khachapuri is 4.2% higher, compared to the previous month.
In the past year and a half since the pandemic began, we’ve all become familiar with phrases such as “supply chain disruption,” “turbulence and volatility in international markets,” and “in these unprecedented times,” often used to preface news about pandemic-related food price increases across the globe.
In September 2021, the average cost of cooking one standard Imeretian khachapuri stood at 4.80 GEL, which is 0.6% lower month-on-month compared to August 2021, and 14% higher year-on-year compared to September 2020.