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The Easter Effect on the Khachapuri Index

The Easter Effect on the Khachapuri Index

1 min read

The FINANCIAL -- The average cost of cooking one standard Imeretian khachapuri in April 2019 was 3.47 GEL, and the Index lost 1.3% compared to the previous month (March 2019).Such a decrease was in line with anexpected seasonal declining trend, which is largely driven by a springtime adjustment to the price of milk and milk products.…

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The Easter Effect on the Khachapuri Index

1 min read

The FINANCIAL -- The average cost of cooking one standard Imeretian khachapuri in April 2019 was 3.47 GEL, and the Index lost 1.3% compared to the previous month (March 2019).Such a decrease was in line with anexpected seasonal declining trend, which is largely driven by a springtime adjustment to the price of milk and milk…