Zamrazilová: If the CNB predicts a 10 percent increase in wages, there is a risk of a tightening of monetary policy
In the estimate of key indicators published on February 3, the Czech National Bank stated that it expects this year’s nominal wage growth of 8.5 percent, which would mean a real decrease of 0.4 percent. According to recent data from the Czech Statistical Office, the average wage in the Czech Republic rose nominally by 6.5 … Read more