The Brazilian Official Gazette Dec. 27 published Decree No. 11,864, increasing the minimum wages, effective Jan. 1, 2024, to: 1) 1,412 Brazilian reals (US$292.50) per month, from 1,320 reals (US$271.94) per month; 2) 47.07 reals (US$9.75) per day, from 44 reals ($9.06) per day; and 3) 6.42 reals (US$1.32) per hour, from 6 reals per hour (US$1.24). The decree enters into force Jan. 1, 2024. [Brazil, Government Legal Database, 12/27/23]
Reference: View Decree No. 11,864/2023. View Index.
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