According to the Czech Statistical Office (CSU), the average gross monthly full-time wage reached CZK 37,929 in the first quarter of 2022. This was an increase of 7.2% year-on-year, but due to consumer prices rising by 11.2%, real wages fell by 3.6%. Wages rose the most in the financial and insurance sector, up 15.9%, real estate activities (13.9%), and accommodation and food service (11.2%). The fall in real wages meant that Czechia was experiencing its largest decline in living standards since the country’s independence in 1993.
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For more information, please contact Paul de Beer or Oana Ciuca, De Burcht (Scientific Bureau for the Dutch Trade Union Movement) p.t.debeer@uva.nl or the Head of communications at the ETUI, Mehmet Koksal mkoksal@etui.org. For previous full issues of the Collective bargaining newsletter please visit https://www.etui.org/Newsletters/Collective-bargaining-newsletter or consult the archive with all articles in our database at www.cbnarchive.eu.
You may find further information on the ETUI at www.etui.org.