The ratio of basic food expenditures to the minimum wage in Uruguay was 32.6 percent in January 2024. This means that one-third of the minimum wage is needed to buy the items in the basic food basket. By comparison, the ratio was 0.4 percentage points higher a year earlier.
Ratio of basic food spending to the minimum wage in Uruguay from January 2022 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 Uruguay from January 2022 to January 2024 [Graph]. In Statista. Retrieved January 03, 2025, from https://www.statista.com/statistics/1445724/uruguay-food-spending-to-minimum-wage/
Picodi. "Ratio of basic food spending to the minimum wage in Uruguay from January 2022 to January 2024." Chart. January 16, 2024. Statista. Accessed January 03, 2025. https://www.statista.com/statistics/1445724/uruguay-food-spending-to-minimum-wage/
Picodi. (2024). Ratio of basic food spending to the minimum wage in Uruguay from January 2022 to January 2024. Statista. Statista Inc.. Accessed: January 03, 2025. https://www.statista.com/statistics/1445724/uruguay-food-spending-to-minimum-wage/
Picodi. "Ratio of Basic Food Spending to The Minimum Wage in Uruguay from January 2022 to January 2024." Statista, Statista Inc., 16 Jan 2024, https://www.statista.com/statistics/1445724/uruguay-food-spending-to-minimum-wage/
Picodi, Ratio of basic food spending to the minimum wage in Uruguay from January 2022 to January 2024 Statista, https://www.statista.com/statistics/1445724/uruguay-food-spending-to-minimum-wage/ (last visited January 03, 2025)
Ratio of basic food spending to the minimum wage in Uruguay from January 2022 to January 2024 [Graph], Picodi, January 16, 2024. [Online]. Available: https://www.statista.com/statistics/1445724/uruguay-food-spending-to-minimum-wage/
