Average monthly earning of employees up by 3.6% in Q4 2021

The average gross monthly earnings of employees during the fourth quarter of 2021, amounted to €2,341 compared to €2,259 during the fourth quarter of 2020, recording an increase of 3.6%.

Based on provisional data published by the Statistical Service of Cyprus , the average gross monthly earnings during the fourth quarter of 2021, seasonally adjusted, are estimated at €2,062 and compared to the third quarter of 2021 they are increased by 1.1%.

The average gross monthly earnings of male employees during the fourth quarter of 2021 are estimated at €2,489 and of female employees at €2,157. Compared to the fourth quarter of 2020, the average gross monthly earnings of male and female employees recorded an increase of 3.4% and 3.8% respectively.

Source: Cyprus News Agency