INCOMES OF ARMENIAN POPULATION GROW BY 25.8%, EXPENSES – BY 24.2% IN JANUARY-SEPTEMBER 2007 ON SAME PERIOD OF LAST YEAR

Noyan Tapan
Oct 31, 2007

YEREVAN, OCTOBER 31, NOYAN TAPAN. In January-September 2007, monetary
incomes of the Armenian population amounted to 1 trillion 492 billion
635.7 million drams (about 4 bln 3 mln USD), while their monetary
expenses – to 1 trillion 350 billion 885.7 million drams. These
indices grew by 25.8% and 24.2% respectively as compared with
January-September 2006.

According to the National Statistical Service of the RA, real monetary
incomes of the population (incomes less compulsory payments, taking
into account the changes in the indices of consumer prices) grew by
20.1% in January-September 2007 on the same months of last year.

The average monthly nominal salary exceeded 3.8fold the minimum salary
in August 2007 against 4.2fold in 2006.