The average gross monthly nominal
wage in 3Q 2022 in the national economy grew by 6.1 % year-on-year to CZK
39,858. Consumer prices increased by 17.6 %, wages thus fell by 9.8 % in real
terms. The volume of wages rose by 7.2 %, the number of employees was up by 1.0
%. The data was published by the Czech Statistical Office. Median wages
amounted to CZK 34,993 and showed an increase of 6.5 % compared to 3Q 2021. For
men, it reached CZK 37,530, for women it was CZK 32,171. A full 80 % of
employees received wages between CZK 18,301 and CZK 62,659.
Source: CIA News
Prepared by the team of foreign office CzechTrade and CzechInvest Seou