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Article: Interfax Czech Republic & Slovakia Business Weekly.
- Article from:
- Czech Republic and Slovakia Business Report Weekly
- Article date:
- December 8, 2008
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FINANCIAL & ECONOMIC NEWS
Czech average real wages up 1.2% in Q3 - statistical office
PRAGUE. DECEMBER 1. INTERFAX CENTRAL EUROPE - Czech average monthly wages rose by 1.2% in real terms in the third quarter of 2008 despite rising inflation, the Czech Statistical Office (CSU) said Monday.
"In Q3 2008, the average gross monthly nominal wage was CZK 23,144, an increase of 7.9% year-on-year (y/y); the real wage grew by 1.2%," the CSU said. "In the business sphere, the average nominal wage rose by 9.1% and the real wage by 2.3%."
In the public sector, the average nominal wage increased by 3.7% and the real wage fell by 2.7%, the statistical ...