Oct 27, 2013

Brazil - Real Wage

IBGE - Brazilian Institute of Geography and Statistics - reported the average wages that prevailed in the labor market in the country's six largest cities: Sao Paulo. Rio de Janeiro, Belo Horizonte, Porto Alegre, Recife and Salvador. According to these data, the average salary in September 2013 was BRL1,900.14, equivalent to USD 867 per month. Over the past 12 months, real average salary was USD 10,575  in annual basis. In the last 9 years, , the average annual growth in real wages measured in constant USD was 3.2% a.a.

Source: IBGE

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