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Who Among You Has It? the Average Wage Has Increased to 48,295 Crowns, Almost the Same as Before Covid
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Real wages in the Czech Republic have been rising year-on-year since the beginning of last year, having previously been falling for more than two years due to high inflation. According to Komerční banka analyst Jaromír Geca, most of the decline has already been compensated. "Compared to the pre-pandemic level, the purchasing power of the average wage in the third quarter of this year was 0.6 percent lower," he said. In general, two-thirds of emp…
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