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January 27, 2022
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Average salary readjustment was below the INPC in December

Average salary readjustment was below the INPC in December

The average salary readjustment obtained in salary negotiations in December was 9.5%, 1.5 percentage points (pp) below the National Consumer Price Index (INPC) accumulated in the last 12 months, which was 11%. According to the monthly bulletin of the Economic Research Institute Foundation (Fipe) Salariómetro – Labor Market and Collective Bargaining, 67.2% of the negotiations were below the INPC, 19.7% were the same and 13.1% were above. The median salary floor was R$1,346 and the average floor was R$1,444.Average salary readjustment was below the INPC in December

The bulletin also shows that in 2021 the median adjustment was 6.5%, below inflation, while in 2019 and 2020, the adjustment was tied with inflation. The proportion of readjustments below the INPC was 50.2%, while the same ones were 31.1% and those above were 18.6%. The median salary floor was R$1,338 and the average floor was R$1,435.

According to the data, the commerce sector managed to readjust 7.6%, leaving 15.7% of the INPC; civil construction and industry repeated these numbers. Agriculture had a median readjustment of 6.2%, 30.9% less than the INPC and the service sector readjusted by 5.5%, which represents a percentage of 38.9% of the INPC. Among the regions, the South achieved a median readjustment of 7.6%, the Southeast, 6.9%, the North, 6%, the Midwest, 6% and the Northeast, 5.5%.

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