POPULATION’S INCOMES DECREASED BY 17.8%, EXPENSES BY 17.7% IN
JAN-JULY, 2004

YEREVAN, AUGUST 20. ARMINFO. In Jan-July, 2004 the Armenian
population’s incomes increased by 17.8%, totalling 650.6 bln drams
According to the preliminary data of the National Statistical Service
of Armenia, in July as against June the incomes increased by
9.7%. Expenses of the population totaled 657.1 bln drams, increasing
by 17.7% during the seven months of the current year, and they
increased by 10.1% in July as against June. In Jan-July 2004 AMD/USD
exchange rate was 553.58 drams against one US dollar.

The average monthly nominal wages in Armenia totaled 40,397 drams,
increasing by 32.0% as against the same period of last year, and in
July as compared with June 2004 it increased by 1.3%. The average
monthly wages of citizens employed in budget organizations was 26,074
drams (43.8% growth in Jan-July). The average monthly wages of
citizens employed in non-budgetary organizations totaled 52,398 drams
(27.3% decrease). The wages of one employee in budgetary organizations
and non-budgetary organizations increased by 1% and 1.4% respectively
in July as against June, 2004.

From: Emil Lazarian | Ararat NewsPress