Labour Costs in Cyprus decreased to 95.39 points in the third quarter of 2024 from 105.57 points in the second quarter of 2024. Labour Costs in Cyprus averaged 95.02 points from 1995 until 2024, reaching an all time high of 126.69 points in the fourth quarter of 2012 and a record low of 64.38 points in the third quarter of 1995. source: European Central Bank
Labour Costs in Cyprus is expected to be 112.21 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Cyprus Labour Costs is projected to trend around 101.10 points in 2026 and 103.63 points in 2027, according to our econometric models.