In March 2022, the average cost of cooking one standard Imeretian khachapuri stood at 5.84 GEL, which is 0.4% higher month-on-month compared to February 2022, and 31.4% higher year-on-year compared to March 2021.
In February 2022, the cost of cooking one standard Imeretian khachapuri increased both annually and monthly, ranging between 5.7 GEL (Kutaisi) and 6.1 GEL (Tbilisi), with an average cost of 5.8 GEL. The latest average price is 28.8% higher than in February 2021. In month-to-month developments, the price of a khachapuri is 0.8% higher compared to the previous month January 2022.
The new year started with a historic high for the Khachapuri Index. The Index continued its upward trend, reaching an average cost of 5.77 GEL in January 2022. This is 1.8% higher than December 2021 (MoM) and 23.7% higher compared to January 2021 (YoY). The highest price increase was observed for eggs (47%) and flour (31%).
We’re keeping to our traditions and have cooked up a New Year Supra Index for our readers once again this year. The Index identifies the average cost of a standard festive supra meal for a family of five to six people over every Georgian region.
On 18 November, ISET’s Agricultural Policy Research Center presented the findings of its Regulatory Impact Assessment (RIA) on the draft law on agritourism and thereafter discussed the associated socio-economic benefits and the costs.