AVERAGE MONTHLY SALARY IN ARMENIA MAKES AMD 68,259

Arka News Agency, Armenia
April 5 2007

YEREVAN, April 4. /ARKA/. The average monthly salary in Armenia made
AMD 68,259 in January-February 2007, thus increasing by 25.1% as
compared to January-February 2006, the Armenian National Statistical
Service reported. The salary in the budgetary organizations increased
by 26.35%, and made AMD 51,937. According to the statistics, the
average monthly nominal salary in February made USD 195 or EUR 149
(AMD 69,334). The real wages together with the index of consumer
prices made AMD 65,970 (USD 185 or EUR 142) in February.

Money incomes of Armenia’s population made AMD 229.035mln in
January-February 2007, thus increasing by 18.8% as compared to
January-February 2006, and the expenditures made – AMD 244,124.2mln
increasing by 19.4% as compared to January-February 2006.

The volume of real money incomes, that is, after taking away obligatory
payments, and taking into account the inflation, increased by 12.7%
and made AMD 203,583.3mln. ($1 – AMD 362.67).