The average gross monthly earnings of employees in the fourth quarter of 2023 are estimated at €2,693, compared to €2,535 in the fourth quarter of 2022, marking a 6.2% increase. This information comes from preliminary data published by the Statistical Service on Tuesday.

The seasonally adjusted average gross earnings for the fourth quarter of 2023 are estimated at €2,402, showing a 1.6% increase compared to the third quarter of 2023.

Breaking down by gender, the average gross monthly earnings for men in the fourth quarter of 2023 are estimated at €2,884, while for women, they are at €2,452. Compared to the fourth quarter of 2022, average monthly earnings for men and women have increased by 6.7% and 5.5%, respectively.