REAL INCOMES OF ARMENIAN POPULATION GROW BY 16.5% IN<br /> JANUARY-NOVEMBER 2006 ON SAME PERIOD OF PREVIOUS YEAR <br />


REAL INCOMES OF ARMENIAN POPULATION GROW BY 16.5% IN
JANUARY-NOVEMBER 2006 ON SAME PERIOD OF PREVIOUS YEAR

  • 15-01-2007 20:05:00   | Armenia  |  Economy
YEREVAN, JANUARY 15, NOYAN TAPAN. In January-November 2006, monetary incomes of the population made 1 trillion 463 billion 778.5 million drams (about 3 bln 479 mln USD), while monetary expenditures - 1 trillion 424 billion 490.7 million drams. Their growth rate on the same months of 2005 made 119.3% and 119.4% respectively. According to the RA National Statistical Service, real monetary incomes of the population (incomes less compulsory payments, taking into account the consumer price indices) grew by 16.5% in January-November 2006 on January-November 2005. 78.4% of the population's monetary incomes was spent on goods purchase and service payment (79.4% in January-November 2005), 5.3% - on compulsory and voluntary payments (5.5%), 1% - on deposits (0.8%) and 12.5% - on foreign currency purchase (11.6%). In January-November 2006, the RA population's monetary expenditures made up 97.3% of monetary incomes and remained the same compared with the same period of 2005. The average nominal salary in November 2006 exceeded 4.4fold the minimal salary and 4.1fold compared with 2005.
  -   Economy