Average wage up to CZK 40,086 but down in real terms

The average gross monthly salary in Czechia rose by 4.4 percent year-on-year in the second quarter of 2022 to CZK 40,086, according to the data released by the Czech Statistics Agency on Monday.

In real terms, taking into account inflation, the real wage dropped by 9.8 percent in the same period. It is the third quarter in a row that it has been falling.

In general, two-thirds of employees in Czechia earn less than the average wage. The median wage, a midway between the highest and the lowest levels, increased by 5.3 percent year on year to CZK 34,111.