Wages in Manufacturing in Portugal increased to 123.18 Index Points in June from 110.96 Index Points in May of 2019. Wages in Manufacturing in Portugal averaged 103.17 Index Points from 2005 until 2019, reaching an all time high of 146.86 Index Points in December of 2018 and a record low of 85 Index Points in January of 2013.
Wages in Manufacturing in Portugal is expected to be 105.74 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Manufacturing in Portugal to stand at 106.98 in 12 months time. In the long-term, the Portugal Wages in Manufacturing Index is projected to trend around 157.54 Index Points in 2020, according to our econometric models.