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April 2022 | The khachapuri index increases by 31%
06 May 2022

In April 2022, the average cost of cooking one standard Imeretian khachapuri increased to 5.86 GEL, which is 0.3% higher month-on-month (compared to March 2022) and 30.7% higher year-on-year (from April 2021).

April 2022 | GDP growth based on february 2022 data: a calm before the storm?
25 April 2022

Geostat has released its rapid estimate of real GDP growth for February 2022. The estimated growth stands at 14.6%, while the average real GDP growth for January-February 2022 reached 16.3%.

March 2022 | The khachapuri index increases by 31%
11 April 2022

In March 2022, the average cost of cooking one standard Imeretian khachapuri stood at 5.84 GEL, which is 0.4% higher month-on-month compared to February 2022, and 31.4% higher year-on-year compared to March 2021.

Quarter 4 2021, Macro Review | The 2021 Georgian economy – the year in review
11 April 2022

For the Georgian economy, 2021 was a year of gradual recovery from the COVID-19 pandemic. According to Geostat rapid estimates, the real GDP expanded by 10.7%, coming within 0.1 percentage points of the ISET-PI forecast from November 2021 and surpassing the NBG and IMF mid-year projections, which ranged between 8% - 8.5% y/y.

February 2022 | The khachapuri index increases by 29%
28 February 2022

In February 2022, the cost of cooking one standard Imeretian khachapuri increased both annually and monthly, ranging between 5.7 GEL (Kutaisi) and 6.1 GEL (Tbilisi), with an average cost of 5.8 GEL. The latest average price is 28.8% higher than in February 2021. In month-to-month developments, the price of a khachapuri is 0.8% higher compared to the previous month January 2022.

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