ARMENIAN POPULATION’S INCOMES GROW BY 24.7%, EXPENSES – BY 21.1% IN
JANUARY-NOVEMBER 2007 ON SAME PERIOD OF LAST YEAR

YEREVAN, DECEMBER 28, NOYAN TAPAN. In Janury-November 2007, monetary
incomes of the Armenian population made 1 trillion 772 billion 595.2
million drams (about 4 bln 985.7 mln USD), while monetary expenses – 1
trillion 673 billion 310.2 million drams. According to the RA National
Statistical Service, their growth rates made 124.7% and 121.1%
respectively as compared with January-November 2006.

Real monetary incomes of the population (incomes less compulsory
payments, taking into account the changes in consumer price indices)
grew by 18.4% in January-November 2007 on the same months of 2006.

The average monthly nominal salary of 80.641 thousand drams in October
2007 exceeded 4fold the minimum salary – against 4.4fold in 2006.