Statistics Office: Czech average wage decreases by almost 500 crowns

11-03-2014

The Czech average wage decreased by 484 crowns (or 1.8 percent) in the fourth quarter of 2013 to 26,637 crowns the Czech Statistics Office revealed Tuesday; adjusted for inflation, real wages fell by 2.9 percent. Inflation reached 1.1 percent over the same period. The full-year average wage was 25,128 crowns per month. According to the bureau, the income of two-thirds of Czech employees earn lower than the average wage: 80 percent of employees earn between around 10,500 crowns to some 43,000 crowns per month.