The “Khachapuri Index” - the Georgian analogue of the “Big Mac Index”, reached a historic high level in October
By:
MINVAL.AZ
The “Khachapuri Index”, the Georgian analogue of the “Big Mac Index”, which is unofficially used as an indicator of exchange rates in different countries, reached a historic high level in October.
This fact was reported on the webside of the International School of Economics at Tbilisi State University.
The index started to rise in May 2019, and in October it made a "big jump" - the cost of cooking khachapuri reached 3.9 lari (about 2.23 leva) and increased by 8.6% for the year.