
Brazilian President Luiz Inacio Lula da Silva said on Wednesday that the country's minimum wage must rise in line with its economic growth, after the government approved a 7.43% year-on-year increase in monthly wages to 1,302 reais ($253.59).
"We have already proven that it is possible to raise the minimum wage above inflation," Lula said after a meeting with unionists, seemingly opening the door for more potential increases.