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FX.co ★ Cyprus Wage Growth Slowest Since Q3 2021

Cyprus Wage Growth Slowest Since Q3 2021

In the second quarter of 2026, average gross monthly earnings in Cyprus rose by 3.0% year-on-year to EUR 2,548, easing from a 4.0% increase in the previous quarter. This was the slowest annual wage growth since Q3 2021. Men’s wages increased by 2.1% to EUR 2,708, up from EUR 2,653 in Q2 2025, while women’s wages grew by 4.1% to EUR 2,345, compared with EUR 2,252 a year earlier. On a seasonally adjusted quarterly basis, average gross monthly earnings climbed by 0.6% to EUR 2,663.

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