04/06/2026 14:16
The
average nominal wage in the Czech Republic increased by 8.1% yoy in 1Q26,
following a 6.7% rise in the previous quarter (downwardly revised from an
initial 7.4%). After seasonal adjustment, we estimate that this implies an
increase in qoq wage growth from 1.8% to 2.9%. From a sectoral perspective, yoy
wage growth continues to be driven by the private sector. There, the average
nominal wage increased by 8.9% yoy in Q1, whereas in the public sector, growth
was more moderate at 6.2% yoy. After adjusting for inflation, the purchasing
power of the average wage increased by 6.4% yoy in 1Q26.