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November 2022 | The Khachapuri Index increased by 27.3%
05 December 2022

In November 2022, the average cost of cooking one standard portion of Imeretian Khachapuri continued its upward trend and reached 6.90 GEL. The latest average price is 4.9% higher month-on-month (compared to October 2022) and 27.3% higher year-on-year (compared to November 2021).

October 2022 | The Khachapuri Index increases by 28.6%
04 November 2022

In October 2022, the cost of cooking one standard Imeretian khachapuri increased both annually and monthly, ranging between 6.18 GEL (Batumi) and 7.49 GEL (Telavi), with an average cost of 6.57 GEL. The latest average price is 2.6% higher month-on-month (compared to September 2022) and 28.6% higher year-on-year (compared to October 2021).

September 2022 | The Khachapuri Index increases by 38%
10 October 2022

In September 2022, the Khachapuri Index continued its upward trend and reached 6.30 GEL. The figure is 5.6% higher month-on-month compared to August. Furthermore, Khachapuri Index increased by 38% year-on-year (compared to September 2021).

Quarter 2 2022 | Macro Review: The Georgian economy shows resilience in Q2 2022, despite the global headwinds from the war on Ukraine
03 October 2022

Following the tentative recovery observed in 2021, global economic conditions worsened significantly in 2022 (IMF, July 2022). Russia’s invasion of Ukraine on 24 February 2022 caused global economic growth estimates to drop for the first time since 2020.

September 2022 | Georgia’s growth forecast soars on positive trade, tourism, and remittances data. War in Ukraine remains prime concern.
28 September 2022

Recently, Geostat has released the preliminary estimate of real GDP growth for the second quarter of 2022, which now stands at 7.1%.

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