Average salary up, real wages have not risen
The average salary in the Czech Republic has increased by almost 300 crowns year-on-year in the second quarter to 24,953 crowns, according to figures released by the Czech Statistical Office on Friday. The purchasing power of the Czech consumer has gotten worse, though, due to inflation. The real wages have actually gone down by 0.3 percent compared to last year. Additionally, two thirds of the population has lower than the average salary.