Czech Republic Wages and Labour Costs in Czech Republic

Czech Statistical Office · Quarterly · Importance

5.4% (Q2-26) YOY · % · Quarterly · CSV
Period%
Apr 2026 5.4%
Jan 2026 5.3%
Oct 2025 6.4%
Jul 2025 6.3%
Apr 2025 6.7%
Jan 2025 7.2%
Oct 2024 6.9%
Jul 2024 6.3%
Apr 2024 6.7%
Jan 2024 6.9%
Oct 2023 6.6%
Jul 2023 7.7%
Apr 2023 7.6%
Jan 2023 6.5%
Oct 2022 5.2%
Jul 2022 4.1%
Apr 2022 5.5%
Jan 2022 1.9%
Oct 2021 2.8%
Jul 2021 4.7%
Apr 2021 0.1%
Jan 2021 6.5%
Oct 2020 8.2%
Jul 2020 6.8%
Apr 2020 10.7%
Jan 2020 8.5%
Oct 2019 8.0%
Jul 2019 8.1%
Apr 2019 7.7%
Jan 2019 8.2%
Oct 2018 7.8%
Jul 2018 7.7%
Apr 2018 7.6%
Jan 2018 7.7%
Oct 2017 7.5%
Jul 2017 7.5%
Apr 2017 8.0%
Jan 2017 6.6%
Oct 2016 4.9%
Jul 2016 4.8%
Apr 2016 4.0%
Jan 2016 3.6%
Oct 2015 4.8%
Jul 2015 4.2%
Apr 2015 3.0%
Jan 2015 3.1%
Oct 2014 3.0%
Jul 2014 2.2%
Apr 2014 2.7%
Jan 2014 2.2%
Oct 2013 -1.5%
Jul 2013 0.7%
Apr 2013 0.4%
Jan 2013 1.0%
Oct 2012 3.4%
Jul 2012 1.6%
Apr 2012 2.4%
Jan 2012 1.9%
Oct 2011 1.4%
Jul 2011 1.8%

About this indicator

Source
Czech Statistical Office
Frequency
Quarterly
Release
About two months after the reference quarter closes.
What it is
This indicator measures the evolution of wages and labour costs in the Czech Republic, that is, the pay received by employees. It is published by the Czech Statistical Office (ČSÚ) and is a key gauge of household income and cost pressures.
How it's calculated
It is derived from earnings-structure surveys and administrative records. The ČSÚ publishes the average nominal wage quarterly, with its year-on-year (YoY) change in both nominal and real terms (net of CPI).
Market implications
Wages are the main component of household income and a large business cost, so their path drives consumption and the inflationary pressures monitored by the Czech National Bank (ČNB). Strong wage growth, especially in real terms, reinforces the central bank's hawkish tilt and supports the koruna (CZK).
Limitations
The data are quarterly and subject to revision. They are sensitive to the composition of employment and to seasonal factors (bonuses, year-end payments), so the average wage can shift because of changes in the weight of sectors or occupations rather than genuine pay rises.