29 October 2026, 14:14 Cyprus: Wage Growth Slowest Since Q3 2021.
Average gross monthly earnings in Cyprus increased by 3.0% year-on-year to EUR 2,548 in the second quarter of 2026, following a 4.0% rise in the previous quarter. This marked the slowest annual wage growth since Q3 2021. Wages for men rose by 2.1% to EUR 2,708, compared with EUR 2,653 in Q2 2025. Meanwhile, wages for women increased by 4.1% to EUR 2,345, up from EUR 2,252 a year earlier. On a seasonally adjusted quarterly basis, average gross monthly earnings rose by 0.6% to EUR 2,663.
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