
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.

Recently, Geostat has released the preliminary estimate of real GDP growth for the second quarter of 2021, which now stands at 29.9%. The real GDP growth rate reached 9.9% year-on-year in July 2021. Consequently, the estimated real GDP for the first seven months of 2021 amounted to 12.2%.

In June 2021, the average price of cooking one Imeretian khachapuri stood at 4.28 GEL. Compared to the previous month (May 2021) the Khachapuri Index lost 1.1%. In annual terms (compared to June 2020), however, the index added 8.8%.