ISET

March 02, 2015 Kh-Index | Khachapuri Index as a predictor of structural changes in the economy

02 March 2015

In February, the average cost of cooking one standard Imeretian Khachapuri fell to 3.29GEL, which is 3.4% lower month-on-month (compared to January 2015), and 4.8% lower year-on-year (compared to February 2014).

February 23, 2015 Kh-Index | Batumi tops the khachapuri index in january

23 February 2015

In January, the average cost of cooking one standard Imeretian khachapuri fell to 3.40GEL. The Index lost 7% month-on-month (compared to December 2014) and 5.4 % year-on-year (compared to January 2014).

February 16, 2015 Kh-Index | Decline of fuel prices brings price of cheese down by 13.8%

16 February 2015

The only one contributor to y/y deflation was the main component of the Khachapuri recipe - cheese (-13.8%) (see graph), while the prices of other components showed have increased: flour (+16.6%), milk (+5.4%), yeast (+7.6%), butter (+11.3%), and eggs (+1.3%).

February 02, 2015 Kh-Index | Consumer worries and weak demand bring the khachapuri index down

02 February 2015

The average cost of cooking one standard Imeretian Khachapuri in the first month of 2015 dropped to 3.40 GEL, which is 7.4% lower month-on-month (m/m, that is compared to the previous month), and 5% year-on-year (y/y, that is compared to the same month of last year).

January 16, 2015 Kh-Index | Khachapuri index shows increase in prices in the last months of 2014

16 January 2015

The average cost of cooking one standard Imeretian Khachapuri reached 3.68 GEL in December 2014. The price jumped up by 9.5 % month-on-month (compared to November 2014) and by 2.4% year-on-year (compared to December 2013).