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).
12
January
2015
In December 2014, Khachapuri Index returned to its upward seasonal trend and reached 3.66GEL. This is 9.4% higher compared to the previous month (November 2014) and 2.4% higher compared to December 2013 (y/y). The main contributors to y/y Khachapuri Index inflation were flour (16.4%), milk (7.2%), yeast (5.1%), butter (3.2%), and cheese (0.7%), while the price of eggs dropped (-6.4%).
09
December
2014
Investments in real estate compensates for risk premiums (compared to money deposits) and more than covers its costs (Mortgage interest rate). Average rental price for residential property continues to fall and reaches its historical minimum since March 2013.
24
November
2014
The average cost of cooking one standard Imeretian Khachapuri in October 2014 was 3.35 GEL, 0.1% lower both in month-on-month comparison (m/m, that is compared to the previous month) and year-on-year comparison (y/y, that is compared to the same month of last year).
17
November
2014
The average cost of cooking one standard Imeretian Khachapuri in October 2014 was 3.35 GEL, which is 0.1% lower both month-on-month (m/m, that is compared to the previous month) and year-on-year (y/y, that is compared to the same month of last year). Foreign currency earners have been affected differentially, depending on whether they are earning their income in USD or EUR.
