Published:23.12.2024
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Average wages in the Czech Republic rose by 4.6 percent in real terms

The average gross wage in the Czech Republic continues to rise. In the third quarter, it increased by 7 percent year-on-year, and after accounting for inflation, the real growth was 4.6 percent.

The biggest wage increases were seen by employees in the real estate sector (+14.4%), scientific and technical activities (+10.1%), and water supply; wastewater management, waste management, and remediation activities (+9.3%).

On the other hand, the smallest wage increases were recorded for workers in public administration and defense; compulsory social security; and education, where the growth did not exceed 4 percent.

The average wage has been increasing for three consecutive quarters.

Source: www.novinky.cz