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NBG Governor: Importance of Monetary Policy for Economic Development
23 January 2019

On Wednesday, January 23, ISET hosted the Governor of the National Bank of Georgia (NBG), Mr. Koba Gvenetadze. Mr. Gvenetadze delivered a profoundly informative lecture about the importance of monetary policies for economic well-being, discussing issues such as the importance of the price stability objective, inflation targeting frameworks (specifically why it is so crucial to avoid both deflation and high inflation), and the efficiency of monetary policy transmission mechanisms under a flexible exchange rate.

December 31, 2018 | New year supra index – 2018 edition!
31 December 2018

The New Year is approaching, and every Georgian family is already preparing for this festive event. And so is the ISET-Policy Institute. We are keeping with our tradition and cooking up a special edition of the Khachapuri Index for our readers: a “New Year’s Supra Index”. This Index shows the cost (in GEL) of a standard supra meal for a family of 5-6 people in each of Georgia’s regions.

December 17, 2018 | Price and prejudice on wheat market
17 December 2018

The cost of cooking one standard Imeretian khachapuri in November 2018 averaged at 3.62 GEL, which is around 0.8% higher compared to October 2018 (month-on-month), and 2.2% lower in comparison to the previous year (November 2017).

December 3, 2018 | Seasonal increase in dairy prices
03 December 2018

The average cost of cooking one standard portion of Imeretian Khachapuri stood at 3.62 GEL in November 2018. This is 0.8% higher month-on-month (compared to October 2018), and 2.2% lower year-on-year (compared to the previous November, 2017).

November 19, 2018 | Cheese prices slightly decrease, but at what expense?
19 November 2018

The average cost of cooking one standard Imeretian khachapuri in October 2018 was 3.59 GEL, which is 1.1% higher month-on-month (compared to the previous month), and 1.2% lower year-on-year (compared to the same month of last year).

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