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Average gross monthly earnings of employees up 5.9%

31/03/2023 14:10

Average gross monthly earnings of employees during the fourth quarter of 2022 amounted to €2,546 compared to €2,404 during the fourth quarter of 2021, recording an increase of 5.9%, according to provisional data published by the Statistical Service of Cyprus.

Average gross monthly earnings during the fourth quarter of 2022, seasonally adjusted, are estimated at €2,237 and compared to the third quarter of 2022 they are up by 1.8%.

Average gross monthly earnings of male employees during the fourth quarter of 2022 are estimated at €2,735 and of female employees at €2,312.

Compared to the fourth quarter of 2021, the average gross monthly earnings of male and female employees recorded an increase of 6.6% and 4.7% respectively.