Labor Compensation: Earnings: All Activities: Monthly for Brazil
Index 2015=100, Annual, Not Seasonally Adjusted
LCEATT03BRA661N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
147.52
Year-over-Year Change
71.69%
Date Range
1/1/2013 - 1/1/2022
Summary
The Annual, Not Seasonally Adjusted Index 2015=100 measures the level of employment costs in Brazil. This metric is closely tracked by economists to assess labor market conditions and inflationary pressures.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Employment Cost Index tracks the change in the cost of labor, including wages and benefits, across the Brazilian economy. It is a key indicator of labor market trends and an important input for monetary and fiscal policy decisions.
Methodology
The data is collected through surveys of Brazilian employers and calculated by the national statistical agency.
Historical Context
Policymakers and analysts use this index to gauge inflationary risks and evaluate the broader economic environment.
Key Facts
- The index is benchmarked to 2015 = 100.
- Data is released on a quarterly basis.
- Brazil is the largest economy in Latin America.
FAQs
Q: What does this economic trend measure?
A: The Annual, Not Seasonally Adjusted Index 2015=100 tracks changes in labor costs, including wages and benefits, across the Brazilian economy.
Q: Why is this trend relevant for users or analysts?
A: This index is a key indicator of labor market conditions and inflationary pressures, making it essential for policymakers and economists analyzing the Brazilian economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Brazilian employers and calculated by the national statistical agency.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this index to gauge inflationary risks and evaluate the broader economic environment in Brazil.
Q: Are there update delays or limitations?
A: The data is released on a quarterly basis, which may create some delay in its use for real-time analysis.
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Citation
U.S. Federal Reserve, Index 2015=100, Annual, Not Seasonally Adjusted (LCEATT03BRA661N), retrieved from FRED.