We managed to predict the value that the minimum wage next year? Some scholars and the public think so. The federal government has already made projections for a new wage floor in 2023. Forecasts for next year's national minimum wage are currently included in the draft Budgetary Guidelines Law (LDO) sent to Congress. Check out more information about the minimum wage planned for 2023.
Read more: Minimum wage estimates for 2023, 2024 and 2025
see more
How much does an app driver earn per day? The answer of one…
Project that guarantees minimum wages for early childhood education corrects debt…
The approved LDO project PLN 5/2022 foresees a deficit of up to BRL 65.9 billion in the public account and a minimum wage of BRL 1,294 next year. This year, Senator Marcos do Val (Podemos-ES) reported the text at CMO.
Thus, for 2023, executives expect growth in the Gross Domestic Product (GDP) – which represents the sum of wealth created in the country – of 2.5%, the same percentage expected for 2024 and 2025.
As for inflation, it is believed that next year the Extended National Consumer Price Index (IPCA) will be 3.3% and the Selic rate (basic rate set by the Central Bank) will be 10%.
Next year, the readjustment of the minimum wage, yet to be confirmed by the government, will only compensate for inflation. This means that there is no real gain for workers, only the maintenance of purchasing power.
Currently, the federal government considers data from the National Consumer Price Index (INPC), the Extended Consumer Price Index (IPCA), which measures inflation, and GDP.
However, it is also believed that, in 2022, inflation should reach 8.1%. If this percentage is maintained until the end of the year, the minimum wage in 2023 could be 1,310.17 reais. Thus, the increase will be 98.17 reais, compared to the current value, which is 1,212 reais.
