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).

In May 2016, the average cost of cooking one standard Imeretian khachapuri declined to 3.08 GEL, which is 2.7% lower compared to April 2016, but 7% higher compared to May 2015. Come the summer season, tourism provides a major boost to the demand for Georgian products (and their prices).

Seasons change, and so do Georgian food prices. In the second week of June, Georgia’s major food retail networks (Carrefour, Goodwill, Fresco, and SPAR) lowered their prices by an average of 3.9% y/y and 1.8% m/m. Compared to the end of May, prices moved the most for the following food items: eggplant (-21%), pasta (-10.3%), and coffee (-5.7%); wheat flour (+11%), buckwheat (+10.5%), and garlic (+6.8%).

Seasons change, and so do Georgian food prices. In the second week of June, Georgia’s major food retail networks (Carrefour, Goodwill, Fresco, and SPAR) lowered their prices by an average of 3.9% y/y and 1.8% m/m. Compared to the end of May, prices moved the most for the following food items: eggplant (-21%), pasta (-10.3%), and coffee (-5.7%); wheat flour (+11%), buckwheat (+10.5%), and garlic (+6.8%).

In May 2016, the average cost of cooking one standard Imeretian khachapuri declined to 3.08 GEL, which is 2.7% lower month-on-month (m/m, that is compared to April 2016), but 7% higher year-on-year (y/y, compared to May 2015). Due to seasonal factors, the Index declined m/m in all cities included in our survey (Tbilisi, Kutaisi, and Telavi), except Batumi, Georgia’s Black Sea tourism hub.