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May 6, 2019 | The easter effect on the khachapuri index
06 May 2019

The average cost of cooking one standard Imeretian khachapuri in April 2019 was 3.47 GEL, and the Index lost 1.3% compared to the previous month (March 2019). Such a decrease was in line with an expected seasonal declining trend, which is largely driven by a springtime adjustment to the price of milk and milk products.

Is Georgia on the Right Path to Reduce Massive Plastic Bag Usage?
19 April 2019

In September 2016, the average price of cooking one Imeretian khachapuri stood at 3.43 GEL. Compared to the previous month (August 2016) the Khachapuri Index gained 8.6%. The upward trend in Index at this time of the year is mostly related to the seasonal increase in the price of cheese (due to dwindling supply of fresh milk). While going up in monthly terms, the Index actually dropped 0.8% compared to the same time of last year (y/y). As shown in the chart, the main contributors to Khachapuri Index annual deflation were eggs (-7%) and cheese (-3%). All other ingredients increased in price: milk (1%), flour (2%), yeast (9%), and butter (17%). Interestingly, prices fell y/y for locally produced goods (eggs and cheese); prices went up for goods that are imported (yeast and butter) or use imported intermediate inputs in their production (flour and milk).

April 15, 2019 | Khachapuri index for foreign earners
15 April 2019

In March 2019, the national average cost of cooking one standard Imeretian khachapuri fell to 3.51 GEL, which is 0.8% lower month-over-month (since February 2019), however it is also 1.1% lower year-over-year (in comparison to March 2018). The main contributors to the MoM deflation within the Khachapuri Index were cheese down by 1.9%, milk by 0.8%, and butter by 1.3%.

April 01, 2019 | Dairy prices keep falling
01 April 2019

In March 2019, the average cost of cooking one standard Imeretian khachapuri declined slightly to 3.51 GEL, which is 0.8% lower MoM (compared to February 2019), and 1.1% lower YoY (compared to March 2018).

One Small Step for a Man, Big Data for Mankind: Uses of Alternative Data Sources in Tourism Development
22 March 2019

There are many mesmerizing buildings in Tbilisi, but do you know which one tourists favor the most? Or have you ever wondered what travelers’ favorite Georgian food or wine is? Thanks to modern tools and data-gathering methods, we now have actual proof that khachapuri is tourists’ all-time favorite Georgian dish. In 2018, the Georgian National Tourism Administration (GNTA), along with Communication Agency Windfor’s, launched a campaign called “Emotions are Georgia” to determine what foreign tourists admire the most in our beautiful country and which emotions they associate with Georgia.

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