Announcement by the Cyprus Statistical Service – Average Monthly Earnings of Employees by Quarter
Based on provisional data, the average gross monthly earnings of employees during the third quarter of 2024, amounted to €2.351 compared to €2.230 during the third quarter of 2023, i.e. an increase of 5,4% is observed.
For the third quarter of 2024, there is an increase in seasonally adjusted average gross monthly earnings compared to the second quarter of 2024, of 1,3%.
The average gross monthly earnings of male employees during the third quarter of 2024 are estimated at €2.526 and of female employees at €2.133. Compared to the third quarter of 2023, the average gross monthly earnings of male and female employees recorded an increase of 5,4% and 5,5% respectively.
