IN JAN-APR 2007 REVENUES OF THE ARMENIAN POPULATION INCREASED BY 24,7%, EXPENDITURES INCREASED BY 22,4%

ArmInfo
2007-06-02 21:47:00

In Jan-Apr 2007, revenues of the Armenian population increased
by 24,7% as compared with Jan-Apr 2006 and totalled 528 bln AMD,
or $1465 mln. This index is by 6,5% higher than in March 2007, the
National Statistical Service of Armenia told ArmInfo.

Within the period under review, the real income of the population
totalled 472 bln AMD or $1309 mln, having increased by 18,5%. At the
same time, the expenditures of the Armenian population increased by
22,4% in Jan-Apr 2007, and by 1% in April 2007, having totalled 526.3
bln AMD, or $1460 mln.

78,7% of the total volume of revenues in Jan-Apr 2007 was spent
on purchase of products and payment for services as against 81%
of the same period of the previous year (21,2% annual growth); 13%
was spent on purchase of currency (23,5% growth), 6,4% was spent on
fixed payments and voluntary contributions as against 6% of Jan-Apr
2006 (34,5 growth).

Within the period under review, the average monthly nominal salary
in Armenia grew by 18,3% and totalled 70214 AMD, or $195 by the end
of April 2007. The salary of employees of budgetary organizations
considerably increased by 15,5% and made up 51512 AMD, or $143 by
the end of April 2007. The highest rate of average monthly salary
is registered in the financial sector, mining industry, sphere
of production and distribution of electric power, gas and water,
government machinery, sphere of transport and communication. Low
salary is fixed in the spheres of health, social security, trade,
public catering.