Czech Republic Real Wage Growth  2001-2018 | Data | Chart | Calendar

The average real monthly wage in Czech Republic increased 6.6 percent year-on-year in the first quarter of 2018, following a 5.3 percent rise in the previous period and beating market expectations of 6.2 percent. It was the biggest gain in real wages since the first three months of 2003, as nominal wages increased by 8.6 percent to CZK 30,265 and inflation grew at a much slower 1.9 percent. Compared to the previous quarter, the seasonally adjusted average wage increased by 2.2 percent. Wage Growth in Czech Republic averaged 2.78 percent from 2001 until 2018, reaching an all time high of 7.40 percent in the third quarter of 2002 and a record low of -3.10 percent in the fourth quarter of 2013.

Czech Republic Real Wage Growth
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Calendar GMT Actual Previous Consensus TEForecast
2017-12-04 08:00 AM Real Wages YoY 4.2% 5.3% 2.9%
2018-03-09 08:00 AM Real Wages YoY 5.3% 4.2% 5.2% 3.2%
2018-06-04 07:00 AM Real Wages YoY 6.6% 5.3% 6.2% 4.9%
2018-09-04 07:00 AM Real Wages YoY 6.6% 5.9%
2018-12-04 08:00 AM Real Wages YoY 5.1%


Czech Republic Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.00 3.20 9.69 0.09 percent [+]
Unemployed Persons 229632.00 242798.00 629274.00 3000.00 [+]
Long Term Unemployment Rate 0.80 0.90 4.50 0.80 percent [+]
Youth Unemployment Rate 7.20 6.80 21.80 5.00 percent [+]
Labour Costs 119.71 114.18 119.71 57.46 Index Points [+]
Job Vacancies 283243.00 267107.00 283243.00 30803.00 [+]
Wages 30265.00 31646.00 31646.00 6001.00 CZK/Month [+]
Wages in Manufacturing 29920.00 31298.00 31298.00 11827.00 CZK/Month [+]
Minimum Wages 477.78 419.90 477.78 92.35 EUR/Month [+]
Population 10.61 10.57 10.61 9.59 Million [+]
Retirement Age Women 62.67 62.33 62.67 58.00 [+]
Retirement Age Men 63.33 63.17 63.33 61.00 [+]
Labor Force Participation Rate 60.40 60.60 61.00 58.10 percent [+]
Living Wage Family 17900.00 17700.00 18600.00 17700.00 CZK/Month [+]
Living Wage Individual 12600.00 12000.00 12600.00 11600.00 CZK/Month [+]
Part Time Employment 319.90 317.60 319.90 190.80 Thousand [+]
Productivity 103.40 117.00 123.50 62.40 Index Points [+]
Wages High Skilled 34400.00 31200.00 34400.00 29300.00 CZK/Month [+]
Wage Growth 6.60 5.30 7.40 -3.10 percent [+]
Wages Low Skilled 15200.00 13900.00 15200.00 13300.00 CZK/Month [+]
Employed Persons 5258.23 5262.69 5262.69 4675.90 Thousand [+]
Employment Change 0.50 0.00 1.30 -1.20 percent [+]
Employment Rate 74.30 74.10 74.30 63.70 percent [+]
Full Time Employment 4809.10 4806.40 4809.10 4306.10 Thousand [+]


Czech Republic Real Wage Growth

This page provides - Czech Republic Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news. Czech Republic Real Wage Growth - actual data, historical chart and calendar of releases - was last updated on June of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
6.60 5.30 7.40 -3.10 2001 - 2018 percent Quarterly
NSA




wage growth by Country
Country Last
Australia 2.10 Mar/18
Euro Area 1.80 Mar/18
France 0.10 Dec/17
Germany 1.10 Mar/18
Italy 0.90 Apr/18
Japan 0.80 Apr/18
Netherlands 1.65 May/18
Russia 7.30 May/18
Switzerland 0.40 Dec/17
United Kingdom 2.50 Apr/18
United States 4.56 Apr/18


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