The thirteenth salary will pump R$ 267.6 billion into the economy in 2023! Understands

The study conducted by one of the important figures in the national economy, the National Confederation of Trade in Goods, Services and Tourism (CNC), revealed that by the end of 2023, the 13th salary will inject a massive amount of R$ 267 into the national economy. Economy 6 billion. This amount exceeds that of the previous year by 6.2%, bringing its total to R$ 251.9 billion, even after adjusting for inflation.

Considering the first tranche of the benefit granted to nearly 90 million beneficiaries as of November 20, plus the discounts applied, the second tranche should add about R$106.29 billion to the economy.

What is the average value of a thirteenth salary?

The study indicates that the average value of the benefit is R$ 2,980, showing a real increase compared to the R$ 2,882 paid in 2022. Compared to the previous two years, characterized by the dominance of debt payments, a different scenario will emerge in 2023. The payout should take the lead Expenditure on Trade (R$37.35 billion) List of Objects of Use of Salary XIII.

Debt settlement and reduction should amount to 34% of these resources (R$35.97 billion), followed by spending in the services sector (R$20.31 billion) and savings (R$12.66 billion).

Is repayment of debt the main purpose of the benefit?

The National Center confirms that, unlike what happened in the past two years, debt repayment expenses will no longer be the most prominent. This can be justified given the elasticity of consumer interest rates and the average commitment to household income. Although the affected proportion of the average income of Brazilians has remained above 30% since September 2021, the entity indicates signs that this indicator is decreasing.

Another point pointed out by the study is that the growth of the thirteenth injection into the economy compared to the previous year is derived from the increase in employment and income during the year 2023. Noting that in the last 12 months ending in the third quarter of 2023, and in this year, there was a growth of 2.3%. % in the number of workers with formal contracts in the private sector, which led to the generation of more than one million job opportunities.

In conclusion, the positive perspective opened by the Thirteenth highlights its importance for workers and the national economy. Not only does it serve as an income injection for those who need it, it also acts as a pollinator of activity, stimulating consumption and, as a result, providing a vital boost to the wider economy.