Czechia - Nominal wages increase by 8%, but real wages fall 6.7% - March 31, 2023

According to the Czech Statistical Office, in the fourth quarter of 2022, the average gross monthly nominal wage per full-time equivalent (FTE) employee increased by 7.9% compared to the corresponding period of the previous year. In real terms, after taking inflation into account, it decreased by 6.7%. In the whole year 2022, the inflation reached 15.1% and the nominal growth of wages was 6.5%. The wage thus decreased in real terms by 7.5%.

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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.

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