Average monthly wage increases by 2.1 percent

08-06-2011

Data about the salary development in the Czech Republic published on Wednesday indicates that the average monthly wage has increased by 2.1 percent or 0.4 percent after being adjusted for inflation. The average monthly salary in the Czech Republic grew by 471 crowns, to 23,144 Czech crowns, or roughly 956 Euro. According to analysts, the result was more positive than expected and shows that business continue to employ a conservative salary policy. Experts say that the development of wages has been healthy and appropriate considering the general status of the economy.