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Armenian Population's Incomes Grow by 24.7%, Expenses - by 21.1%

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  • Armenian Population's Incomes Grow by 24.7%, Expenses - by 21.1%

    ARMENIAN POPULATION'S INCOMES GROW BY 24.7%, EXPENSES - BY 21.1% IN
    JANUARY-NOVEMBER 2007 ON SAME PERIOD OF LAST YEAR

    YEREVAN, DECEMBER 28, NOYAN TAPAN. In Janury-November 2007, monetary
    incomes of the Armenian population made 1 trillion 772 billion 595.2
    million drams (about 4 bln 985.7 mln USD), while monetary expenses - 1
    trillion 673 billion 310.2 million drams. According to the RA National
    Statistical Service, their growth rates made 124.7% and 121.1%
    respectively as compared with January-November 2006.

    Real monetary incomes of the population (incomes less compulsory
    payments, taking into account the changes in consumer price indices)
    grew by 18.4% in January-November 2007 on the same months of 2006.

    The average monthly nominal salary of 80.641 thousand drams in October
    2007 exceeded 4fold the minimum salary - against 4.4fold in 2006.
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