It was the eight consecutive quarter of decline in real wages, amid persistent high inflation, accelerating to an annual 8.5% in October from a prior 6.9%.
The average gross monthly nominal wages in the national economy in total was CZK 42,658 (EUR 1,748) in the Q3, 7.1% or CZK 2,810 higher compared to the same period last year.
Compared to the previous quarter, the seasonally adjusted average wages went up 1.5%.
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