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Brazil Raises National Minimum Wage for 2019

Jan. 3, 2019, 3:43 PM

Brazil’s national monthly minimum wage increased Jan. 1 to 998 reais (U.S. $263.57), up from 954 reais (U.S. $251.95), the national government said in a decree (Portuguese).

The daily equivalent of Brazil’s national minimum wage for 2019 is 33.27 reais (U.S. $8.79) and the hourly equivalent is 4.54 reais (U.S. $1.20), the government said.

The country’s budget for 2019 provided for a monthly minimum wage of 1,006 reais (U.S. $265.68), but the final minimum wage was lower as inflation was lower than expected, the government of the city of Camaçari in the state of Bahia said in a news release...

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