Ministry of Finance, Statistical Service



30/06/2010
Latest Figures: Average Monthly Earnings of Employees by Quarter, 1st quarter 2010

According to the preliminary estimations of the Statistical Service, the average monthly earnings of employees during the first quarter of 2010 amounted to €1855 (males €2030 and females €1638).

In comparison with the first quarter of 2009, an increase of 1,9% was recorded in the average monthly earnings of employees (males 1,5% and females 2,8%). The corresponding increase observed during the first quarter of 2009 was 6,7%, indicating that the rate of increase of the level of earnings in Cyprus is significantly lower in 2010 compared to 2009.

In comparison with the fourth quarter of 2009 (seasonally adjusted data) there was a marginal increase of 0,1% in the average monthly earnings of employees (males -0,3% and females 0,7%).The corresponding increase observed during the first quarter of 2009 was 1,0%.












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