Price of basic necessity basket dropped in August

01/09/2005 - 20h00

Érica Sato
Reoorter Agência Brasil

São Paulo - According to the Dieese (a union-linked socio-economic statistics and study group), there has been a drop in the percentage of a minimum wage (R$300) that it takes to buy the so-called basic necessity basket. The percentage was 56.02% in July and has now fallen to 54.14%. For the sake of comparison, a year ago it cost 67.61% of a minimum wage to buy a basic necessity basket.

Translator: Allen Bennett