![](https://iset-pi.ge/site_images/date.png)
In March 2019, the national average cost of cooking one standard Imeretian khachapuri fell to 3.51 GEL, which is 0.8% lower month-over-month (since February 2019), however it is also 1.1% lower year-over-year (in comparison to March 2018). The main contributors to the MoM deflation within the Khachapuri Index were cheese down by 1.9%, milk by 0.8%, and butter by 1.3%.
![](https://iset-pi.ge/site_images/date.png)
The average cost of cooking one standard Imeretian khachapuri in September 2018 was 3.56 GEL, which was 3.7% higher month-on-month (m/m, as compared to the previous month), and 2.1% lower year-on-year (y/y, as compared to the same month last year). However, khachapuri became cheaper for those earning in foreign currency as a result of the y/y depreciation of the lari relative to both the USD and EUR in September 2018.
![](https://iset-pi.ge/site_images/date.png)
Editor reviews all ISET documents submitted by ISET-PI Centre Heads and researchers, including but not limited to blogs, indices, reports, summaries, and other miscellaneous texts for English accuracy and comprehension, as well as for narrative cohesion and clarity.
![](https://iset-pi.ge/site_images/date.png)
The average cost of cooking one standard Imeretian khachapuri in October 2017 was 3.64 GEL, which is 0.2% higher month-on-month (compared to the previous month), and 7.2% higher year-on-year (compared to the same month of the previous year).
![](https://iset-pi.ge/site_images/date.png)
Ulrich Koester, Professor of Agricultural Economics at Kiel University and IAMO Visiting Research Fellow paid a visit to ISET on May 30. During his presentation, Prof. Koester provided an overview of the specifics of the agricultural sector and its impact on agricultural trade; furthermore, he clarified that traditional trade theory is of minor relevance for explaining agricultural trade policies and trade flows.