Average monthly salary up 8 percent, not much more than inflation

The average monthly salary in the Czech Republic grew by 8 percent year-on-year to CZK 23,182 (nearly USD 1,400) in the second quarter of this year. However, inflation is at around 7 percent, meaning the real increase in Czechs’ income is just 1.1 percent, the lowest rise in a decade. Prague is the region with the highest average monthly pay, while Karlovy Vary is the lowest.

Author: Ian Willoughby