Brazil to Raise Minimum Wage to BRL1,302 Effective Jan. 1

President Jair Bolsonarosigned a provisional measure raising the minimum wage to 1,302 reais, according to an extra edition of official gazette.

• Adjustment considers an estimated variation of 5.81% for the National Consumer Price Index, known as INPC from Jan.-Dec. plus a real gain of around 1.5%, govt said
• NOTE: Brazil’s Lula: FinMin Will Be As Successful As in My 1st Term

Original Story:Governo eleva salário mínimo para R$ 1.302 a partir 1/janeiro

To contact the translator on this story:
Taís Fuoco in Sao Paulo at tfuoco1@bloomberg.net

Reporter on the original story:
Taís Fuoco in Sao Paulo at tfuoco1@bloomberg.net ...