Slight Increase In Monthly Earnings Of Cyprus Employees In Q1 2020
The average gross monthly employee earnings for the first quarter of 2020 (€1,956) marked a 3.3% increase from the corresponding quarter of 2019 (€1,894), according to provisional data released by Cystat.
Τhe average gross monthly earnings during the first quarter of 2020, seasonally adjusted, are estimated at €2.019 and compared to the fourth quarter of 2019 increased by 1,0%.
The data also showed that for male employees, average gross monthly earnings during the first quarter of 2020 were estimated at €2.101 and of female employees at €1.780. Compared to the first quarter of 2019, earnings of male employees recorded an increase of 3,6% and of female employees an increase of 2,8%.