Armenia’s Population Spends 12.6% Of Its Income To Purchase Exchange

ARMENIA’S POPULATION SPENDS 12.6% OF ITS INCOME TO PURCHASE EXCHANGE IN JAN-NOV 2006

Arka News Agency, Armenia
Jan 8 2007

YEREVAN, January 8. /ARKA/. Armenia’s population spent 12.6% of its
income on the purchase of foreign exchange in January-November 2006
(11.6% in the same period of 2005).

The population’s expenses on the purchase of foreign exchange increased
by 31.1% in January-November 2006, whereas the rise in income made
only 19.3% and overall expenses 19.4%. One percent of the population’s
incomes went on deposits.

The country’s population spent 78.4% of its income to purchase goods
and services in January-November 2006 against 79.4% in the same period
of 2005; a 17.7% increase was recorded in the expenditures compared
with the same period of 2005.

A 13.9% increase was recorded in compulsory payments and optional
contributions, with their share making 5.3% of the overall income.

Over the period, the population’s cash expenditures were 2.7% as
little as its cash income – no change against the same period of 2005.

The population’s cash incomes totaled AMD 1,463,778.5 mln in
January-November 2006 – a 19.3% increase against the same period
of 2005, with the cash expenditures totaling AMD 1,424,490.7 mln –
a 19.4% increase compared with January-October 2006. ($1 = AMD 364.45).