Wages In Manufacturing in Brazil increased to 2297 BRL/Month in February from 2245 BRL/Month in January of 2019. Wages In Manufacturing in Brazil averaged 2218.48 BRL/Month from 2012 until 2019, reaching an all time high of 2297 BRL/Month in February of 2019 and a record low of 2129 BRL/Month in December of 2016.
Wages In Manufacturing in Brazil is expected to be 2270.00 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 2290.00 in 12 months time. In the long-term, the Brazil Real Average Monthly Income in Manufacturing is projected to trend around 2400.00 BRL/Month in 2020, according to our econometric models.