MONETARY INCOMES OF ARMENIAN POPULATION GROW BY 24.6% AND EXPENDITURES BY 22.5% IN JANUARY-MAY, 2007, COMPARED WITH SAME PERIOD OF PREVIOUS YEAR

Noyan Tapan
Jul 16 2007

YEREVAN, JULY 16, NOYAN TAPAN. The monetary incomes of Armenian
population made 682b 781.7m drams (nearly 1b 901.5m USD) in
January-May, 2007, and expenditures 676b 892.9b drams. According to
the data of the RA National Statistical Service, the growth rates
of the above mentioned indices, as compared with January-May, 2006,
made 124.6% and 122.5%, respectively.

The real monetary incomes of the RA population (incomes less compulsory
payments, taking into account changes of indices of consumer prices)
grew by 18.4% in January-May, 2007, as compared with the same period
of 2006.

In 2007 April the average monthly nominal salary exceeded the minimum
salary 3.5fold, as compared with 4.2fold in 2006.