Digging around the Armenian National Statistical Service today I put together this chart which seems to indicate, that while the salaries haven’t been growing in August, price index on the contrary, has continued to rise. This would mean in a lower quality of life overall, if my interpretation is correct. Here are links to Consumer Price Index, % / 2011 and Average monthly nominal wages, drams / 2011.
Artur Papyan
Journalist, blogger, digital security and media consultant
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This is how the globalists and mafiya destroy a sovereign nation. Thru economics and social…destroy destroy destroy
Dear Observer, I hope you are not trying to blame current authorities for this one too. This phenomena is happening worldwide — just open todays Yahoo Finance and you’ll see the same subject there — US incomes fall for first time in nearly 2 years.
I’m just observing the fact. Economy is not my strength, so I just put these finding here for ppl to consider.