Wage dynamics

Last quarter's value

Dynamika mezd

Comment
Annual real wage growth of 4.2% in Q4-2024 is above its long-run average growth of 2.8% from 1998-2019 and below the average growth of 4.3% from the 2015-2019 pre-Federal Five-Year Plan period.
Source of primary data
CZSO
Note
Data unadjusted for seasonal effects.
Category
Economics
Data frequency
Quarterly
Comments
Wages maintained a strong 1.7% quarter-on-quarter pace at the end of last year
Economic commentary by Jaromir Šindel, Chief Economist of the CBA