Economy category powered by

Average gross monthly earnings up 6.2% annually in Q4, 2023

08:15 - 03 April 2024

Economy Reporter

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, recording an increase of 6.2%, according to provisional data published by CySTAT.

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%.

The average gross monthly earnings of male employees during the fourth quarter of 2023 are estimated at €2,884 and of female employees at €2,452.

Compared to the fourth quarter of 2022, the average gross monthly earnings of male and female employees recorded an increase of 6.7% and 5.5% respectively.

(Source" CNA)

News Feed

Read More

Labour Minister refers to Cypriot positive labour market trajectory at EU Council
F.O.C. Family Office Connect Cyprus officially launches in Limassol (pics)
Cyprus-based expert Sunil Kapoor shares his view of historic Modi visit with leading India news channel
What is tokenization and why Mastercard is phasing out manual card entry
Evgeniou: Indian businesses have received the message that Cyprus is a base for activity in the European market
Plenum votes in one-year extension for the licensing of guesthouses
European Commission welcomes political agreement increasing efficiency of EU capital markets
President Christodoulides visiting Lithuania and Estonia for meetings with counterparts
CBC satisfied with Moneyval assessment of Cyprus' progress on recommendations
Cyprus sees increased passenger flow at airports, Ministry pledges for highest level of safety