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Armenia's Population Spends 13.2% Of Its Income Between January And

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  • Armenia's Population Spends 13.2% Of Its Income Between January And

    ARMENIA'S POPULATION SPENDS 13.2% OF ITS INCOME BETWEEN JANUARY AND JULY 2006 FOR BUYING CURRENCIES

    Arka News Agency, Armenia
    Aug. 31, 2006

    YEREVAN, August 31. /ARKA/. Armenia's population spent 13.2% of its
    income between January and July 2006 for buying currencies (11.4%
    in Jan-July 2005), National Statistical Service of Armenia said in
    its report sent to ARKA News Agency on Thursday that the population
    expenses for currency purchase grew 39.1% in Jan-July 2006, compared
    with the same period a year earlier, while its aggregate income rose
    only 19.4% and expenses 21.2%.

    People spent 78.8% of their incomes for buying goods and paying for
    services in Jan-July 2006 against 80.7% at the same period of 2005.

    These expenses grew 16.5% in Jan-July 2006, compared with the same
    period of previous year.

    Binding and voluntary payments rose 18.1% under pegged share in total
    amount of income.

    People's expenses were 1.2 percentage points less than their incomes
    in Jan-July 2006. Incomes exceeded expenses 2.7% in Jan-July 2005.

    Population income totaled AMD 846824.9mln in Jan-July 2006 after
    growing 19.4%, compared with Jan-July 2005, and expenses totaled AMD
    836609.3mln after growing by 21.2%, compared with the mentioned period
    in 2005. ($1 - AMD 396.54).
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