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ČSÚ: Average monthly wage grows in Czech Republic in Q3 2014

The average grows monthly nominal wage increased by 1.8% y/y to CZK 25,219 in the Czech Republic in the third quarter of 2014. The real growth reached 1.2%. According to the Czech Statistical Office (ČSÚ), the median of wages totalled CZK 21,521 (+1.5%). The average nominal wage in the business segment increased by 1.7% and its real growth reached 1.1%. The nominal growth in the non-business segment reached 1.9%, while the real growth totalled 1.3%.