Average wages rise by 2.3% in fourth quarter

Average wages in the Czech Republic rose by 2.3% in the four quarter of 2014 compared with a year earlier to total 27,200 crowns, the Czech Statistics Office said on Wednesday. For the whole of the year the average pre-tax wage came to 25,686 crowns a real rise of 2.0 percent after taking into account inflation. The highest wages are still in Prague but growth there in the fourth quarter was the lowest across the country.

Author: Chris Johnstone