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

The average real monthly wage in Czech Republic increased 6.2 percent year-on-year in the second quarter of 2018, compared to a 6.6 percent rise in the previous period and beating market expectations of a 5.9 percent gain. Nominal wages advanced by 8.6 percent to CZK 31,851 and inflation rose at a much slower 2.3 percent. Compared to the previous quarter, the seasonally adjusted average wage increased by 2 percent. Wage Growth in Czech Republic averaged 2.83 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
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 6.2% 6.6% 5.9% 5.9%
2018-12-04 08:00 AM Real Wages YoY 6.2% 5.1%


Czech Republic Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.00 3.10 9.69 0.09 percent [+]
Unemployed Persons 224331.00 230499.00 629274.00 3000.00 [+]
Long Term Unemployment Rate 0.80 0.80 4.50 0.80 percent [+]
Youth Unemployment Rate 6.30 6.40 21.80 5.00 percent [+]
Labour Costs 116.19 119.71 119.71 57.46 Index Points [+]
Job Vacancies 316132.00 313224.00 316132.00 30803.00 [+]
Wages 31851.00 30265.00 31851.00 6001.00 CZK/Month [+]
Wages in Manufacturing 32355.00 29920.00 32355.00 11827.00 CZK/Month [+]
Minimum Wages 468.87 477.78 477.78 92.35 EUR/Month [+]
Population 10.61 10.59 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 60.30 60.40 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 320.20 319.90 320.20 190.80 Thousand [+]
Productivity 107.60 103.40 123.50 62.40 Index Points [+]
Wages High Skilled 34400.00 31200.00 34400.00 29300.00 CZK/Month [+]
Wage Growth 6.20 6.60 7.40 -3.10 percent [+]
Wages Low Skilled 15200.00 13900.00 15200.00 13300.00 CZK/Month [+]
Employed Persons 5289.07 5258.23 5289.07 4675.90 Thousand [+]
Employment Change 0.60 0.60 1.20 -1.20 percent [+]
Employment Rate 74.70 74.20 74.70 63.70 percent [+]
Full Time Employment 4794.20 4809.10 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 October of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
6.20 6.60 7.40 -3.10 2001 - 2018 percent Quarterly
NSA




wage growth by Country
Country Last
Argentina 2.37 Jul/18
Australia 2.10 Jun/18
Euro Area 1.90 Jun/18
France 0.70 Mar/18
Germany 0.50 Jun/18
Italy 1.90 Aug/18
Japan 0.90 Aug/18
Netherlands 2.09 Sep/18
Russia 7.20 Sep/18
Switzerland 0.80 Mar/18
United Kingdom 2.70 Aug/18
United States 4.79 Aug/18


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