Czech Q1 wages jump 7.4%

Czech Q1 wages jump 7.4%

Published at: 2019-06-06 09:45 | Author: CIJEurope.com
The average monthly wage rose 7.4 percent in the first quarter of the year to CZK 32,466 according to new research by the Czech Statistics Office. In real terms, taking inflation into account, that represented a 4.6 percent improvement, though the CSU also found that two-thirds of all Czechs make less than the average. The best paid Czechs work in the finance and insurance sector, where they make nearly CZK 59,869 per month. That's CZK 500 per month more than employees in the information and communications industries, while the energy production sector offers wages of more than CZK 50,000.

Similar Stories:

Hungary’s GDP grows by 4.9% in Q2
Hungary’s GDP increased by 4.9 percent y-o-y in the second quarter, according to data pu  »
Serbia ranks first in Financial Times’ FDI index
Serbia took first place in the Financial Times’ global greenfield foreign direct investm  »
Hungarian construction growth slows in May
Output within the Hungarian construction sector dropped 26.3 percent y-o-y in May, accordi  »
Montenegro's most expensive locations
Real estate prices in Montenegro have risen to the same levels as in numerous European cit  »
Poland failed to win the next Jaguar and Land Rover factory, on which the automobile giant   »
hat the problems of the sector were never going to come from that side of the development   »
But last year also marked another important deal for Poland, as Norges Bank Investment Man   »