Forecast: Wages and Salaries in Event Catering and Other Food Service Activities Sector in Brazil

In 2024, wages and salaries in Brazil's event catering and other food service activities sector are forecasted at 7.21 billion Brazilian Reals, noted up from an actual value in 2023. Year-on-year growth is anticipated as follows: 2025 sees an increase to 7.4 billion (a 2.64% increase), 2026 grows to 7.58 billion (a 2.43% increase), 2027 rises to 7.77 billion (a 2.51% increase), and 2028 reaches 7.94 billion (a 2.19% increase). The five-year compound annual growth rate (CAGR) since 2023 is projected at approximately 2.44%.

Future trends to watch:

  • Impact of macroeconomic factors such as inflation and economic growth on wage adjustments.
  • Technological advancements in food service operations improving efficiency.
  • Potential changes in labor market policies affecting wage structures.

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