Slight Increase In Monthly Earnings Of Cyprus Employees In Q1 2020

Slight Increase In Monthly Earnings Of Cyprus Employees In Q1 2020

Business Tuesday, 30 June, 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%.

Source:Gold News


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