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IBGE reports Brazilian service sector average earnings at 2.2 minimum wages for 2024

The Brazilian Institute of Geography and Statistics (IBGE) released its 2024 Annual Survey of Services, reporting total sector salaries of R$ 644.2 billion. Officials noted that methodological changes prevent direct comparison with historical data, limiting the ability to assess wage growth trends.

Valor Econômicoabout 4 hours agoBRCredibility 45%View source

Score Breakdown

Mosaic Score2.1
Confidence0.9
Significance0.1
Source credibility0.5

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Brazil

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country
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