Real wages increase in Czechia in Q1

Real wages (wages adjusted for inflation) in Czechia rose in the first quarter of 2024 for the first time in over two years, according to the latest figures from the Czech Statistics Office published on Tuesday. The average real gross monthly wage increased by 4.8 percent year-on-year to CZK 43,941 crowns. Excluding inflation, the average wage rose by seven percent year-on-year.