In 2023, remuneration in Brazil's retail trade sector (excluding motor vehicles and motorcycles) was recorded at a certain baseline. From 2024 onwards, forecasts indicate a steady year-on-year increase: 3.35% in 2025, 3.18% in 2026, 3.01% in 2027, and 2.87% in 2028. The Compound Annual Growth Rate (CAGR) for the five-year forecast period (2024-2028) stands at roughly 3.1%, signaling consistent growth in employee compensation within this sector.
Future trends to watch include the influence of macroeconomic factors such as inflation and employment rates on wage growth and shifts in consumer behavior that might impact retail operations and potentially alter remuneration dynamics over the period.
