Mediafax (Mediafax)
Macroeconomics  |  August 01, 2012 13:10:11

MLSA: Average monthly household income in the CR increased since 1993, almost four times


PRAGUE (MEDIAFAX) - The Ministry of Labour and Social Affairs (MLSA) in the Czech Republic increased monthly average household income of workers at one of its members from 1993 to 2011 nearly quadrupled. Informed the Ministry on Wednesday.

According to the MLSA was in 1993 the average monthly income per household member of the 3571 Czech crowns, compared to that in 2011 this indicator increased to 12 902 crowns. Greater percentage increase recorded during the same period households of pensioners when their average monthly income per person in 2011 compared with 1993 increased by nine thousand crowns to 11,617 crowns.

The average monthly wage in the national economy has increased since 2000 almost doubled to 24,436 crowns, as follows from the statistics. The average monthly amount of retirement pension increased from 2734 crowns in 1993 to 10 543 crowns in 2011.

Consumer price index (inflation) 2011/1993 reached 263 percent, the highest price rise was from 1993 to 1998, the largest share of growth in household prices were the years in housing and nutrition, which hit the most home for pensioners.

In 2011, staff issued a household member for the purchase of goods and services an average of 11,366 crowns a month, representing an increase compared to 1993 on 7992 crowns, but the overall increase in expenditure over the period fell behind the increase in monthly income.

The available data of the Czech National Bank indicated that the indebtedness of Czech households at banks have increased significantly, from 92.8 billion crowns to 1.0982 trillion crowns in 2011.

Jan Soukup, soukupj@mediafax.cz

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