Average monthly earnings in Cyprus rose by 5 per cent in the fourth quarter of 2024 compared to the same period in 2023, according to preliminary data released by the Cyprus Statistical Service (Cystat).
When compared to the previous quarter, and after adjusting for seasonal fluctuations, average monthly earnings increased by 1.2 per cent in the fourth quarter of 2024.
Specifically, the average monthly earnings in the fourth quarter of 2024 reached €2,813, up from €2,680 in the corresponding quarter of 2023.
For men, the average monthly earnings in the fourth quarter of 2024 stood at €2,979.
The equivalent figure for women during the same period stood at €2,606.
In seasonally adjusted terms, average monthly earnings in the fourth quarter of 2024 reached €2,532, compared to €2,409 in the fourth quarter of 2023.
For men, seasonally adjusted average monthly earnings reached €2,712. For women, meanwhile, the corresponding figure was €2,310.
