“Based on provisional data, the average gross monthly earnings of employees during the first quarter of 2020, amounted to €1,956 compared to €1,894 during the first quarter of 2019, i.e. an increase of 3.3% is observed,” CyStat says in a press release.

Seasonally adjusted average gross monthly earnings in the first quarter of 2020, are estimated at €2,019 and compared to the fourth quarter of 2019 increased by 1%, it adds.

Average gross monthly earnings of male employees during the first quarter of this year are estimated at €2,101 and of female employees at €1,780.

Compared to the first quarter of the previous year, the average gross monthly earnings of male employees recorded an increase of 3.6% and of female employees an increase of 2.8%, the press release concludes.

Source: In-Cyprus