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The minimum wage will increase in 2024, as stated by Simone Tebet (MDB), Minister of Planning and Budget. Thus, next year the value will be R$1,421, that is, a historic increase of R$7.71.
Brazilians celebrate the news, which means a real increase of the value, above inflation. This increase ensures that Brazilians do not lose purchasing power. Therefore, check out all the details regarding the new value.
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New minimum wage value
As stated before, the new minimum wage value will be R$1,421, an increase of R$7.71. This is because there is currently a new minimum wage appreciation policy, which should increase according to the inflation of the previous year plus the positive variation in GDP from the previous two years.
Therefore, this increase is extremely important, since it exceeds inflation, allowing Brazilians to not lose purchasing power. This is because when the value does not exceed inflation, products remain at the same price, while people's salaries remain stagnant.
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In other words, when there is no increase greater than inflation, Brazilians end up spending more money.
It is worth noting that this measure was one of the main proposals of Lula's campaign, so that the minimum wage would be increased during his third term.
When was the last raise?
It is important to highlight that the last real increase in the minimum wage occurred in 2019, when the value went from R$ 954 to R$ 988. Despite this, the value was still below that predicted by the government of Michel Temer (MDB).
In 2023, President Lula defined a new adjustment, reaching the current R$ 1,320, an increase of R$ 108 compared to the 2022 value. In total, the adjustment was 8.91% and exceeded the 5.93% of inflation.
Image: joelfotos/ Pixabay
