Wages in Czech Republic increased 1.50 percent in September of 2021 over the same month in the previous year. source: Czech Statistical Office

Wage Growth in Czech Republic averaged 2.88 percent from 2001 until 2021, reaching an all time high of 8.20 percent in the second quarter of 2021 and a record low of -3.10 percent in the fourth quarter of 2013. This page provides - Czech Republic Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news. Czech Republic Real Wage Growth - data, historical chart, forecasts and calendar of releases - was last updated on January of 2022.

Wage Growth in Czech Republic is expected to be 2.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Czech Republic Real Wage Growth is projected to trend around 2.30 percent in 2022 and 2.90 percent in 2023, according to our econometric models.

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Czech Republic Real Wage Growth

Calendar GMT Actual Previous Consensus TEForecast
2021-09-03 07:00 AM Q2 8.2% 1% 5.4% 4.5%
2021-12-06 08:00 AM Q3 1.5% 8.3% 1.4% 1.5%
2022-03-07 08:00 AM Q4 1.5%

Related Last Previous Unit Reference
Wages 37499.00 38275.00 CZK/Month Sep/21
Wages in Manufacturing 35535.00 36554.00 CZK/Month Sep/21
Population 10.70 10.68 Million Dec/20
Wage Growth 1.50 8.30 percent Sep/21
Czech Republic Real Wage Growth
In Czech Republic, Real Wage Growth measures the year-on-year change in average gross monthly wage per full-time equivalent employee adjusted for inflation.