New Year Supra Index - December 2017

New Year Supra Index - December 2017

New Year Supra Index - December 2017

The FINANCIAL -- ISET-PI likes to keep tradition and cook up a New Year’s Supra Index for our readers. The Index shows the cost of a standard festive supra meal for a family of five to six people in each region of Georgia. Traditional dishes included in our calculations are: mtsvadi, satsivi (chicken in walnut sauce), khachapuri, trout, tabaka (fried) chicken, olivie salad, pkhali, cucumber& tomato salad, and for desert, fruit and gozinaki (caramelized walnuts fried in honey).

The average cost of this New Year’s supra in Georgia is 161.60GEL in December 2017, which is 8.1% higher compared to same period last year (December 2016).
The Index takes its lowest value in Guria (GEL 144.1) and the highest in Imereti (GEL 170.1). Walnuts are the most important – and expensive – ingredient of the New Year Supra. At this time of the year, the price of walnuts varies from GEL 16.50 to GEL 30.67 per kg.

As shown above, the price of a New Year’s supra, compared to last year, has gone up in all regions of Georgia, except Guria. The reason Guria has gone down in the Index is that price of walnut is lowest (GEL 16.50) there; compared to last year, it has decreased by 34%.

ISET’s Khachapuri Index Team wishes you Merry Christmas and a Happy New Year!