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Minimum Wage in Brazil Will Be R$1,039 in 2020

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RIO DE JANEIRO, BRAZIL - President Jair Bolsonaro issued a provisional measure (MP) that increases the minimum wage from R$998 to R$1,039 (US$260) as of Wednesday, January 1st.

The new amount corresponds to the readjustment of inflation for the year, which closed 2019 at 4.1 percent, according to the National Consumer Price Index (INPC), calculated by the Brazilian Institute of Geography and Statistics (IBGE . . .

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