Vladimír Urbánek (Kurzy.cz)
Macroeconomics  |  March 11, 2013 09:20:50

Czech Republic - the average wage in 4Q12 grew by 3.7%


In 4th quarter of 2012, the average gross monthly nominal wage per employee FTE in the national economy compared to the same period of the previous year by 3.7% in real terms grew by 0.9%. The median wage (the value in the middle of the wage distribution) amounted to 22 446 CZK.

In 4th quarter of 2012, the average gross monthly nominal wage *) (hereinafter referred to as the "average wage") full-time equivalent employees in the national economy a total of 27 170 CZK, which is about 964 CZK (3.7%) more than in the same period of 2011. Consumer prices increased over the period by 2.8%, so the real wage increased by 0.9%. Wages rose by 2.6%, the number of employees decreased by 1.1%.

In the business sphere, the average nominal wage increased by 4.2% in real terms by 1.4% in the public sector increased nominally by 1.3% in real terms decreased by 1.5%.

Compared to the previous quarter, the average wage in the 4th quarter of 2012 after seasonal adjustment of 1.3%. This increase is a significant deviation from the trend.

Median wages (22,446 CZK) increased compared to the same period of the previous year by 1.9%, in males was 24 577 CZK for women was 20 035 CZK.

In 2012, the average wage of CZK 25,101 in annual increase amounted to 665 CZK (2.7%). Consumer prices increased over the period by 3.3% in real terms wage fell by 0.6%.

Source: CSO
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ČR - průměrná mzda ve 4Q12 rostla meziročně o 3,7%

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