Aumento geral e imediato de 2.500$00 ! General and immediate increase of PTE 2,500 ! The graph depicts skyrocketing consumer prices while wages were frozen by outdated collective bargaining agreements. Persistent global inflation accompanied by economic stagnation had been initially triggered by the quadrupling of crude oil prices in 1974. The demand for a general wage increase was in escudos per month and represented an increase equal to approximately 50% of the minimum wage in 1976.
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