Czech average wage falls by Kc484 to Kc26,637 in Q4 - CSU


11.03.2014 11:11

Prague - Czech average wage decreased by Kc484 or 1.8 percent to Kc26,637 in Q4 2013, and adjusted for inflation, real wage fell by 2.9 percent, the Czech Statistical Office (CSU) said today.


Průměrná mzda ve 4. čtvrtletí 2013 v krajích ČR ČTK ČTK

Inflation reached 1.1 percent over the period.

Full-year average wage was Kc25,128, an annual hike of 0.1 percent. Real wages dropped 1.3 percent, the CSU said.

Průměrná hrubá měsíční mzda v ČR 2000 - 2013

The fourth-quarter drop was the biggest last year. Full-year real wage drop accelerated too.

Average wage increased by some percent in 2009 annully, while in 2012 it dropped a few tenths of a percent.

The income of two-thirds of Czech employees is lower than the average wage.

The median salary, that is the salary that is exactly in the middle if every person is placed in rank according to salary, reached Kc22,288 in Q4, a rise of 0.1 percent from 2012.

Eighty percent of employees earned between Kc10,546 and Kc43,413 a month, the CSU said.

In the business sector, average wages declined by 2.4 percent in nominal terms and real wages posted a 3.5 percent drop.

In the public sector, wages added 0.8 percent in nominal terms and slid by 0.3 percent in real terms.

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