Labour Costs in Brazil decreased to 93.07 Index Points in December from 105.58 Index Points in November of 2018. Labour Costs in Brazil averaged 111.48 Index Points from 1988 until 2018, reaching an all time high of 181.87 Index Points in July of 2011 and a record low of 39.60 Index Points in October of 2002.
Labour Costs in Brazil is expected to be 90.00 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labour Costs in Brazil to stand at 100.00 in 12 months time. In the long-term, the Brazil Labour Costs is projected to trend around 115.00 Index Points in 2020, according to our econometric models.