Brazilian Worker Spends 57% of Minimum Wage on Food

Low-income workers in Brazil, especially those who earn a minimum wage, are now spending a smaller part of their earnings to buy a basket of basic necessity goods (cesta básica).

The cost of the basic basket fell in June to 57.5% of a minimum wage, compared to 59.01% in May. In June 2004, a worker had to spend 64.27% of his minimum wage to pay for a basic basket.

“In May the minimum wage was adjusted above the Consumer Price Index, at the same time that the average price of goods in the basic basket rose less than the minimum wage. The result is that a worker’s money goes further,” explains José Silvestre, of the Dieese, a union-linked socio-economic research institution, which runs a monthly survey on the cost of the basic basket.

He adds that another way to look at it is as a reduction in the time a worker has to work to buy a basic basket.

In June, the time needed dropped to 116 hours and 49 minutes, down from 119 hours and 54 minutes in May.

And for the sake of comparison, in June 2004, a total of 130 hours and 34 minutes were needed to pay for a basic basket.

As for the minimum wage, it rose 13% in May, going from US$ 109.47 (260 reais) to US$ 126.31 300 reais).



  • Show Comments (0)

Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

This site uses Akismet to reduce spam. Learn how your comment data is processed.


You May Also Like

Accused of Spying on Brazil’s Government, Kroll Denies Wrongdoing

The transnational investigative firm, Kroll, is being investigated by the Brazilian federal police in ...

It’s Still Honeymoon

It may be a while before the current feeling of good will and grace ...

Brazil’s Varig: What an Airline Shouldn’t Be

In nearly eight decades of operation in the country, Brazilian civil aviation has been ...

Brazil Builds Reefs to Protect Fish from Nets

The Brazilian government’s fishing conservation program was inaugurated January 2 off the coast of ...

Votorantim Acquires Ripasa, Consolidating Paper Industry in Brazil

Brazilian company Votorantim Celulose e Papel S.A., one of Latin America’s largest producers of ...

Brazil Gets Even Lower Grades for Corruption from Transparency International

Corruption in Brazil is increasing according to Transparency International (TI). TI’s latest Corruption Perception ...

Brazil Burns Native Vegetation for Firewood Accelerating Desertification

Brazil’s Ministry of Environment (MMA) launched the primer, "Learning about the PAN-Brasil: the National ...

Brazil’s Shoes Exports Drop 9%, But Revenues Zoom Up 8%

External sales in the Brazilian shoes sector dropped 9% from January to July this ...

The Birth and Passion of Brazil’s Press

Given the current precarious, uneasy, hybrid and indebted state of Brazilian journalism, in which ...

Brazilian Embraer Jets Now Come in Light and Very Light Flavors

Brazilian aircraft manufacturer Embraer today announced it is strengthening its position in the business ...