The Brazilian middle class keeps growing
Globo reports on the contuing strong growth of the Brazilian middle class.
In between 2006 and 2007, the Class C population grew very strong (10% growth). In 2008 it remained more or less stable on 45% of the population.
Today the absolute numbers are:
> The richest classes A and B grew from 28,08 million to 29,4 million people in 2008.
> Class C now has 84,6 million people
> The poorest classes D and E went slightly up from 72,9 to 75,8 million people
In 2008, the family income of all Brazilian people went up 11%.
> The people in the richest class A and B saw there income go up with 16,5%; the average income per person of the two classes went up from R$ 2.217 to R$ 2.588.
> The income of the people of class C went up 13%, the average grew from R$ 1.062 to R$ 1.201
> The income of the people of class D and E grew the least (12%) and went up from R$ 580 to R$ 650.
The Economist is digging up again the concept of decoupling and calls it “decoupling 2.0″; read more here.
Tags: brazilian income, brazilian middle class, decoupling 2.0, middle class
