Today: November 25, 2024
August 31, 2024
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2025 budget foresees minimum wage of R$1,509

Revenue breaks record and grows 9.08% in the first half of the year

The new adjustment rule has led the government to raise the minimum wage forecast for next year. The 2025 Budget Law project, sent to Congress on Friday night (30), provides for a minimum of R$1,509, R$7 higher than the value of R$ 1,502 proposed in the Budget Guidelines Law (LDO).2025 budget foresees minimum wage of R$1,509

The value represents an increase of 6.87% compared to 2024. The increase is in line with the return of the automatic minimum wage correction rule, which was abolished in 2019 but came back into effect in 2023.

This rule establishes that the minimum wage will rise by the equivalent of the National Consumer Price Index (INPC) accumulated in 12 months up to November 2024, of 3.82%, plus the growth of the Gross Domestic Product (GDP, sum of wealth produced in the country) in 2023. For 2025, the correction considers the GDP of 2023, which grew by 2.91%.

The final value of the minimum wage in 2025 could be even higher if the INPC rises more than expected until November. Based on the accumulated inflation from December 2023 to November 2024, the government will send a modified message to Congress in early December.

The Budget will only be detailed next Monday (2), in a press conference at the Ministry of Planning.

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