AVERAGE MONTHLY SALARY IN AUGUST REDUCED BY 6.5% TO 110 700 DRAMS IN ARMENIA

ARKA
Sep 30, 2011

YEREVAN, September 30. /ARKA/. Average monthly nominal salary in
August 2011, according to preliminary assessments, reached 110 700
drams ($302. 210 euro or 8689 rubles) which is by 6.5% less than July
indicator, Armenian National Statistic Service informs.

Salary in August 2011 compared to the same period in 2010 increased
by 4.5%.

In July 2011, average monthly nominal salary in Armenia was 118 395
drams which is by 2% more than the indicator in June 2011 and by 4.5%
more than in July 2010.

The highest average monthly nominal salary in July 2011 was registered
in Syunik region - about 146.3 thousand drams, and the lowest was
in Aragatsotn region - about 80.3 thousand drams. In Yerevan average
monthly nominal salary in July 2011 was over 130.5 thousand drams.

In total, the highest salaries in July were registered in financial
and insurance spheres (about 344.4 thousand drams), mining industry
(about 238.3 thousand drams), information and communication (about
231.1 thousand drams), electrical, gas and steam supply (about
156.3 thousand drams), construction (146 thousand drams) and state
administration (over 140.9 thousand drams).

The most low-paid spheres as of July 2011 in Armenia are cultural and
recreational spheres where the salaries were about 65.6 thousand drams,
agriculture and forestry, fishery - about 79.2 thousand drams.

In accommodation and catering sphere salaries of some employees
exceeded 79.5 thousand drams and education sphere - about 82 thousand
drams. ($1 - 371.35 drams).