YEREVAN. – In 2010, Armenia’s inflation surpassed the salary increase. The consumer price index reached 108.2 percent, whereas the average salary index was only 106.7 percent. And the real salary reduced by 1.4 percent.   

This trend continued in 2011, too, as on the average, the real salary reduced by 1.7 percent. And it was only since August that the inflation rate somewhat succumbed to the salary growth. In 2010, the average monthly salary was Armenian drams equivalent to US$ 291.3, whereas in 2011, this reached $309.4.   

Salaries are the main source of income for average-income families. The real monthly salary reduction impacts the average-income families more, and the inflation rate has somewhat slowed, since the Armenian economy’s current situation has reached the maximum indicator.