Wages in Brazil decreased to 2286 BRL/Month in July from 2292 BRL/Month in June of 2019. Wages in Brazil averaged 2261.76 BRL/Month from 2012 until 2019, reaching an all time high of 2330 BRL/Month in February of 2019 and a record low of 2172 BRL/Month in March of 2012.
Wages in Brazil is expected to be 2350.00 BRL/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Brazil to stand at 2360.00 in 12 months time. In the long-term, the Brazil Real Average Monthly Income is projected to trend around 2550.00 BRL/Month in 2020, according to our econometric models.