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Gross monthly earnings record 2.5% annual increase

02/07/2019 09:34

The average gross monthly earnings of employees increased slightly to €1.898 in the first quarter of 2019 compared with €1.852 in the same quarter of the previous year, rising by 2.5%, according to provisional data released by the Statistical Service of Cyprus on Monday.
 
The average gross monthly earnings in the first quarter of 2019, seasonally adjusted, are estimated at €1.956 compared with €1.945 in the last quarter of 2018, recording an increase of 0.5%.
 
Cystat said that the average gross monthly earnings of male employees in the first quarter of the year are estimated at €2.031, while those of female employees stood at €1.735, recording an annual increase of 2.3% and 2.6%, respectively.