Labour Costs in Cyprus increased to 116.85 points in the fourth quarter of 2020 from 94.72 points in the third quarter of 2020. source: European Central Bank
Labour Costs in Cyprus averaged 93.75 points from 1995 until 2020, reaching an all time high of 126.56 points in the fourth quarter of 2012 and a record low of 65.45 points in the third quarter of 1995. This page provides - Cyprus Labour Costs - actual values, historical data, forecast, chart, statistics, economic calendar and news. Cyprus Labour Costs - values, historical data and charts - was last updated on May of 2021.
Labour Costs in Cyprus is expected to be 119.06 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labour Costs in Cyprus to stand at 105.95 in 12 months time. In the long-term, the Cyprus Labour Costs is projected to trend around 120.85 points in 2022 and 123.26 points in 2023, according to our econometric models.