Wages In Manufacturing in Brazil decreased to 2303 BRL/Month in March from 2311 BRL/Month in February of 2019. Wages In Manufacturing in Brazil averaged 2232.01 BRL/Month from 2012 until 2019, reaching an all time high of 2311 BRL/Month in February of 2019 and a record low of 2142 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.