Cyprus Wage Growth  2004-2018 | Data | Chart | Calendar | Forecast | News

Average gross monthly earnings of employees in Cyprus rose 1.2 percent year-on-year to EUR 1,848 in the first quarter of 2018, following a downwardly revised 0.6 percent gain in the last quarter of 2017. It was the biggest increase in wages since the three months to June of 2012. Wages for female employees went up 2.4 percent to EUR 1,693 and those for males increased 0.1 percent to EUR 1,976. Compared to the previous quarter, seasonally adjusted wages went up 0.4 percent to EUR 1,897. Wage Growth in Cyprus averaged 1.84 percent from 2004 until 2018, reaching an all time high of 7.10 percent in the third quarter of 2008 and a record low of -3.40 percent in the fourth quarter of 2013.

Cyprus Wage Growth
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Calendar GMT Actual Previous Consensus TEForecast
2017-12-29 10:00 AM Wage Growth YoY -0.1% 0.2% 0.5%
2018-04-02 09:00 AM Wage Growth YoY 1.0% 0.1% 0.4%
2018-06-29 09:40 AM Wage Growth YoY 1.2% 0.6% 1.5%
2018-09-28 09:00 AM Wage Growth YoY 1.2% 1.07%
2018-12-31 10:00 AM Wage Growth YoY 1.37%


Cyprus Labour Last Previous Highest Lowest Unit
Unemployment Rate 7.70 7.90 16.70 3.00 percent [+]
Employed Persons 367.30 358.20 398.20 135.00 Thousand [+]
Unemployed Persons 31888.00 46468.00 77142.00 12448.00 [+]
Long Term Unemployment Rate 3.20 3.40 7.80 0.40 percent [+]
Youth Unemployment Rate 22.40 22.40 40.40 7.80 percent [+]
Labour Costs 88.94 90.65 116.33 58.87 Index Points [+]
Job Vacancies 9472.00 10096.00 16194.00 2137.00 [+]
Wages 1848.00 2169.00 2296.00 1360.00 EUR/Month [+]
Population 0.86 0.85 0.87 0.50 Million [+]
Retirement Age Women 65.00 65.00 65.00 65.00 [+]
Retirement Age Men 65.00 65.00 65.00 65.00 [+]
Labor Force Participation Rate 62.00 61.20 64.70 55.50 percent [+]
Part Time Employment 45.50 45.10 50.00 15.80 Thousand [+]
Productivity 104.60 104.40 109.70 75.90 Index Points [+]
Wage Growth 1.20 1.00 7.10 -3.40 percent [+]
Employment Change 1.00 0.70 1.70 -2.50 percent [+]
Employment Rate 66.20 66.00 71.50 60.90 percent [+]
Full Time Employment 330.60 329.20 355.90 257.80 Thousand [+]


Cyprus Wage Growth

This page provides - Cyprus Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news. Cyprus Wage Growth - actual data, historical chart and calendar of releases - was last updated on September of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
1.20 1.00 7.10 -3.40 2004 - 2018 percent Quarterly
NSA




wage growth by Country
Country Last
Argentina 1.39 Jun/18
Australia 2.10 Jun/18
Euro Area 1.90 Jun/18
France 0.70 Mar/18
Germany 1.10 Mar/18
Italy 2.00 Jul/18
Japan 1.50 Jul/18
Netherlands 2.09 Aug/18
Russia 7.00 Aug/18
Switzerland 0.80 Mar/18
United Kingdom 2.60 Jul/18
United States 4.83 Jun/18


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