Wages In Manufacturing in Brazil decreased to 2282 BRL/Month in October from 2283 BRL/Month in September of 2019. Wages In Manufacturing in Brazil averaged 2273.76 BRL/Month from 2012 until 2019, reaching an all time high of 2351 BRL/Month in September of 2014 and a record low of 2178 BRL/Month in December of 2016. source: Instituto Brasileiro de Geografia e Estatística (IBGE)
Wages In Manufacturing in Brazil is expected to be 2390.00 BRL/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages In Manufacturing in Brazil to stand at 2420.00 in 12 months time. In the long-term, the Brazil Real Average Monthly Income in Manufacturing is projected to trend around 2500.00 BRL/Month in 2020, according to our econometric models.