Cyprus hourly labour costs rise 3.8% year-on-year in second quarter

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Cyprus’s total hourly labour cost rose 3.8% in the second quarter of 2026 compared with the same period in 2025, according to preliminary data published on Tuesday by the Statistical Service.

Wages and salaries per hour worked rose 3.9% year-on-year, while non-wage costs per hour worked rose 3.6%.

Compared with the first quarter of 2026, total hourly labour cost rose 1% after adjusting for seasonal variation.

On the same seasonally adjusted basis, wages and salaries per hour worked also rose 1%, while hourly non-wage costs rose 0.9%.

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