ArmInfo. Nominal salary growth rates in Armenia slackened from 8.5% in Jan-Nov 2015 to 2% in Jan-Nov 2016, totaling AMD 184796 (USD 385). Only in November salary decreased by 0,1% versus 0,3% growth in Nov 2015. In Nov 2016, compared to Nov 2015, the nominal salary growth slackened- to 0.7% in Nov 2015 versus 3.8% in Nov 2014. According to the preliminary data of the National Statistical Service of Armenia, the salary at the state-run enterprises for Jan-Oct 2016 totaled 159,413 AMD ($332), dropping by 1.2% versus 9.7% growth a year before. The salary in private organizations slackened growth by 4.4% from 7.1% to 218,173AMD ($454). In Nov alone, the salary at the state-run enterprises increased by 0.1%, amid 0.2% decline of salary at privately owned enterprises. For comparison, in 2015 growth rates in two sectors were almost equal -0.4% in state-run enterprises and 0.3% in privately-owned ones, the same figures were registered in 2014.
To note for comparison, that the nominal salary in Jan-Nov 2014 in Armenia increased 8% y-o-y and 0.3% in Nov alone. Salary at state-run enterprises increased by 8.1% and salary at privately owned enterprises- by 7.7% in Jan- Nov.
In Nov 2016, the AMD/USD average exchange rate was 478.52 AMD/1USD, and in Jan-Nov 2016 - 480.27 AMD/1USD versus 480.15 AMD/1USD in Nov 2015 and 477.46 AMD/1USD in Jan-Nov 2015. In Nov 2014 the exchange rate totaled 420.45 AMD/$1, and in Jan-Nov 2014-411.59 AMD/$1.