Wages In Manufacturing in Brazil decreased to 2277 BRL/Month in May from 2312 BRL/Month in April of 2019. Wages In Manufacturing in Brazil averaged 2256.83 BRL/Month from 2012 until 2019, reaching an all time high of 2336 BRL/Month in February of 2019 and a record low of 2165 BRL/Month in December of 2016.
Wages In Manufacturing in Brazil is expected to be 2350.00 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 2410.00 in 12 months time. In the long-term, the Brazil Real Average Monthly Income in Manufacturing is projected to trend around 2500.00 BRL/Month in 2020, according to our econometric models.