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October 10, 2016 Kh-Index | Rtveli time in kakheti
10 October 2016

The average price of cooking one Imeretian khachapuri currently stands at 3.43 GEL. Compared to the previous month (August 2016) the Khachapuri Index gained 8.6%, however in yearly terms (compared to September 2015), the Index dropped 0.8%.

October 03, 2016 Kh-Index | Are we eating what we think we are eating?
03 October 2016

While gradually increasing since June, in line with its seasonal trend (driven by a gradual decline in the production of fresh milk), the Khachapuri Index remains almost 10% below its level exactly one year ago. Constructed as a weighted average of the prices of various khachapuri ingredients, the Index is particularly sensitive to changes in the price of Imeretian cheese, its most expensive ingredient. The recent spell of annual deflation in the Khachapuri Index is thus a reflection of a peculiar sagging in the price of cheese (see table).

September 19, 2016 Kh-Index |Khachapuri index captures greater market integration!
19 September 2016

In August 2016, the average cost of cooking one standard Imeretian khachapuri increased to 3.15 GEL, which is 4.8 % higher month-on-month (m/m, that is compared to July 2016), but 9.6% lower year-on-year (y/y, compared to August 2015).

September 05, 2016 Kh-Index | August 2016: annual deflation in khachapuri index reaches 9.6%
05 September 2016

On the back of a sharp y/y decline in the price of Imeretian cheese (down by about 10 and 18% in July and August 2016, respectively), the Khachapuri Index took a big hit in August 2016. Having reached the seasonal bottom in May, the Index increased in June due to regular seasonal factors (tourism-related increase in demand and a gradual slowdown in domestic milk production). Yet, its behavior in July and August represents a major departure from the multi-year pattern we have been observing since 2008.

July 11, 2016 Kh-Index | Is there anybody home? Or how tbilisi became the cheapest georgian city in June 2016
11 July 2016

In June 2016, the average cost of cooking one standard Imeretian khachapuri increased to 3.12 GEL, which is 1.5% higher month-on-month (m/m, that is compared to May 2016), but 9.6% higher year-on-year (y/y, compared to June 2015).

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