The ratio of the basic food spending to minimum wage in Portugal stood at 16.8 percent as of January 2024. In other words, the monthly expenses on the basic food basket occupied almost one-sixth percent of the official minimum wage in the country. To compare, one year prior, the ratio was 2.8 percentage points lower.
Ratio of basic food spending to the minimum wage in Portugal from January 2021 to January 2024
The basic food spending was calculated by the source as the total price of a consumer basket with the following products: 10 bread loafs, 10 liters of milk, 20 eggs, 1.5 kilograms of rice, 1 kilogram of cheese, 6 kilograms of meat, 6 kilograms of fruit, and 8 kilograms of vegetables.
The statistic has been compiled from several reports by the source.
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Picodi. (January 16, 2024). Ratio of basic food spending to the minimum wage in Portugal from January 2021 to January 2024 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1445693/portugal-food-spending-to-minimum-wage/
Picodi. "Ratio of basic food spending to the minimum wage in Portugal from January 2021 to January 2024." Chart. January 16, 2024. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1445693/portugal-food-spending-to-minimum-wage/
Picodi. (2024). Ratio of basic food spending to the minimum wage in Portugal from January 2021 to January 2024. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1445693/portugal-food-spending-to-minimum-wage/
Picodi. "Ratio of Basic Food Spending to The Minimum Wage in Portugal from January 2021 to January 2024." Statista, Statista Inc., 16 Jan 2024, https://www.statista.com/statistics/1445693/portugal-food-spending-to-minimum-wage/
Picodi, Ratio of basic food spending to the minimum wage in Portugal from January 2021 to January 2024 Statista, https://www.statista.com/statistics/1445693/portugal-food-spending-to-minimum-wage/ (last visited July 22, 2024)
Ratio of basic food spending to the minimum wage in Portugal from January 2021 to January 2024 [Graph], Picodi, January 16, 2024. [Online]. Available: https://www.statista.com/statistics/1445693/portugal-food-spending-to-minimum-wage/
