Armenian population’s incomes increase in six months of 2004

Arminfo
20 Jul 04

YEREVAN

The income of the Armenian population increased by 19.2 per cent in
the first six months of 2004 and totalled 534.9bn [958m dollars]
drams. According to preliminary information given to Arminfo news
agency by the Armenian National Statistics Service, this figure
increased by 6.8 per cent in June.

The population’s spending went up by 18.2 per cent in the first six
months of the year and by 3.4 per cent monthly, amounting to 544.7bn
drams [976m dollars]. The rate of the dram for the dollar was 558
drams in January-March 2004.

The average salary amounted to 40,014 drams [76 dollars] in
January-June 2004, or 32.9 per cent higher than in 2003 – the growth
was 3.3 per cent in June compared to May. Moreover, the salary of
public sector employees totalled 25,838 drams [49 dollars] at the end
of June, whereas in private organizations, it totalled 51,915 drams
[98 dollars], with a 45.9-per-cent and 26.4-per-cent growth
respectively in January-June 2004.

Compared to May 2004, the salary of public sector employees increased
by 2 per cent in June, and by 3.8 per cent in private organizations.
By the end of 2004, the number of officially registered unemployed
people totalled 115,100, having dropped by 8.4 per cent per year and
by 0.8 per cent in June.