Wages In Manufacturing in Brazil decreased to 2227 BRL/Month in December from 2238 BRL/Month in November of 2018. Wages In Manufacturing in Brazil averaged 2209.62 BRL/Month from 2012 until 2018, reaching an all time high of 2287 BRL/Month in June of 2015 and a record low of 2121 BRL/Month in December of 2016.
Wages In Manufacturing in Brazil is expected to be 2280.00 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.