Average labour costs at Euros 15.8 in Cyprus for 2016, marking a 0.6% increase since 2015

In 2016, average labour costs in the whole economy (excluding agriculture and public administration) were estimated to be Euros 15.8 in Cyprus, up from Euros 15.7 in 2015 (0.6% increase in total and 17.0% in the non wage cost of the labour hour).

Source: Cyprus News Agency