The Consumer Confidence Index (CCI) attempts to capture the expectations of consumers about the future development of the economy.
This is the last issue of the Khachapuri Index column in 2012 (#44 this year and #74 overall since the project’s launch in June 2011). Therefore, we would like to wish our readers many causes for the magnificent Georgian supra in the new 2013, with a lot of khachapuri and wine.
As reported in our Khachapuri Index Column, the prices of key khachapuri ingredients have started rising in July, given their strong correlation with the annual cycle of agricultural production in Georgia.
This week marks the first anniversary of the “ISET Khachapuri Index” in The Financial. During the last 12 months, our faithful readers have followed the ups and the downs of the index and learned many economics lessons in the process.