“Khachapuri index": all ingredients except eggs have risen in price in Georgia over the year
Kyiv • UNN
In October, the cost of making khachapuri in Georgia increased by 8% compared to last year. Yeast and butter went up the most, and the most expensive khachapuri is made in Telavi.
In October, the "Khachapuri Index" in Georgia increased by 8% compared to the same period last year. Currently, cooking a standard Imereti khachapuri costs 6.62 GEL (about 92 UAH), UNN reports with reference to the News of Georgia.
"The Khachapuri Index is the Georgian equivalent of the Big Mac Index, which is unofficially used as an indicator of exchange rates in various countries. It is measured monthly by the International School of Economics at Tbilisi State University (ISET).
Almost all the products needed to make khachapuri have risen in price over the year. Yeast - by 21.8%, butter - by 16.4%, milk - by 13.2%, cheese - by 8.6%, and flour - by 4.6%. Only eggs fell in price (-1.5%).
Comparing different cities, Telavi stands out. Currently, cooking khachapuri there costs 7.17 GEL, which is 8.4% higher than the national average.
ISET explains this by the grape harvest season - rtveli. During this period, many tourists come to Kakheti, and as demand for goods and services grows, so do prices.
Compared to September, the Khachapuri Index grew by 2%. ISET believes that growth will continue in the coming months. Due to the seasonal decline in milk supplies, prices for the main ingredients of khachapuri (cheese and milk) will rise, they say.
