Cyprus Q3 Avg. Monthly Earnings Growth Slows

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Thursday, the Statistical Service of the Republic of Cyprus announced that the average monthly earnings of employees increased 3.2% year-on-year in the third quarter, slower than the 4.8% growth in the previous quarter. A year earlier, the GDP was up 9.2%.

Sequentially, the average monthly earnings rose 0.1% in the third quarter, slowing from 0.9% increase in the second quarter.

Thursday, the Statistical Service of the Republic of Cyprus announced that the average monthly earnings of employees increased 3.2% year-on-year in the third quarter, slower than the 4.8% growth in the previous quarter. A year earlier, the GDP was up 9.2%. (Market News Provided by RTTNews)