Hourly labour costs in Cyprus rose 3.7% in the first quarter

Hourly labour costs in Cyprus rose 3.7% in the first quarter of 2026 compared with the same period a year earlier, according to preliminary figures released by the Statistical Service . Wages and salaries per hour increased 3.8% year‑on‑year, while non‑wage costs — mainly employer social‑insurance contributions and taxes minus subsidies — rose 3.3%. Seasonally […]