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Good news?: Armenians’ wages, statistically, rise slightly faster than cost of living

As compared to last year, Armenians, living mainly off their salaries, have seen an increase in their incomes by a little more than the rate of the rising cost of living, according to the data by the National Statistical Service of Armenia (NSS) published this week. (The published statistics presents the main macro-economic indicators characterizing the country’s socio-economic situation in the first six months this year).

Even so, ordinary citizens have hardly felt this positive shift in statistics, considering the skyrocketing prices on certain types of essentials, especially unusually high prices for agricultural products during this time of the year.

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