IBGE - Brazilian Institute of Geography and Statistics - reported the average wages that prevailed in the labor market in the country's six largest cities: Sao Paulo. Rio de Janeiro, Belo Horizonte, Porto Alegre, Recife
and Salvador. According to these data, the average salary in September 2013 was BRL1,900.14, equivalent to USD 867 per month. Over the past 12 months, real average salary was USD 10,575 in annual basis. In the last 9 years, , the average annual
growth in
real wages measured in constant USD was 3.2% a.a.
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| Source: IBGE |
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