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Announcement by the Cyprus Statistical Service

Average Monthly Earnings of Employees by Quarter – Annual Change 6,2% – 4th Quarter 2023

Based on provisional data, the average gross monthly earnings of employees during the fourth quarter of 2023, amounted to €2.693 compared to €2.535 during the fourth quarter of 2022, i.e. an increase of 6,2% is observed.

The average gross monthly earnings during the fourth quarter of 2023, seasonally adjusted, are estimated at €2.402 and compared to the third quarter of 2023 they are increased by 1,6%.

 

View the full announcement here (PDF)