Six out of ten Brazilians belong to the middle class, says report
The middle class in Brazil during the last decade expanded to reach 90 million out of a population of almost 200 million, according to paper from consultants Datafolha.
“Brazil is a middle class country, 6 out of 10 Brazilians over 16 years already belong to that group”, points out Folha de Sao Paulo based on the Datafolha report.
“The increase in income (of C bracket, included in the middle class), which does not seem much for the Brazilian elite, has represented a real revolution for the dispossessed classes of the country” says economist Marcelo Neri from the internationally prestigious Rio based Getulio Vargas Foundation think-tank.
However “middle class is not homogeneous since is includes very different sub-groups and there is an ample number of indicators on income, education and access to consumer goods”.
The poorest Brazilians in the wide spectrum described as middle class are those who are managing to escape from bracket E and are still very vulnerable, points out the report from Datafolha.
Last week the Brazilian ministry to combat hunger announced the launching of a campaign to identify 320.000 indigent families that receive no federal subsidy as part of the overall program to help 17 million Brazilians climb out of extreme poverty.
Likewise the newspaper Estado de Sao Paulo published that there has been a significant drop in the number of Brazilians belonging to the E bracket and for the first time in the country’s history, less than 1% of homes belong to that group.
Suggested Stories
-
Feb 21st 2012
Brazilian banks increase reserves fearing a consumers’ credit bubble
-
Feb 21st 2012
Rousseff promises fiscal and credit stimuli to promote exports and innovation
-
Feb 17th 2012
Brazil’s Trade minister questioned by Public Ethics Committee on corruption claims
-
Feb 16th 2012
Brazil cuts 2012 spending to meet budget surplus and allow interest rates to fall
7 comments Feed
Note: Comments do not reflect MercoPress’ opinions. They are the personal view of our users. We wish to keep this as open and unregulated as possible. However, rude or foul language, discriminative comments (based on ethnicity, religion, gender, nationality, sexual orientation or the sort), spamming or any other offensive or inappropriate behaviour will not be tolerated. Please report any inadequate posts to the editor. Comments must be in English. Thank you.
i think brazil is doing a fine job in moving their country forward,
keep up the good work
percentage of persons living with less than 50% of
median equivalised hosehold income .., late 2000 s
OECD average ... 11.1 %
UK .... 11.3 %
Australia ... 14.6 %
Canada .. 11.4 %
N.Zealand ... 11.0 %
---------------------------------------------------------
Annual average change in poverty ratebetween 1980 s....2000 s %
OECD average ... 1.0 %
UK ... 2.2%
Australia ... 1.9 %
Canada ... -- 0.2 %
N.Zealand ... 2.5 %
But no doubt a lot of people will get reduced incomes, and possibly further than that, I heard on TV that some Greek families were abandoning their children, I cant believe that, but it may poss. ,
3 geo
You will have to give a bit of help on this one,
1, why have you not put Argentina on the list,
2, what is [median equivalised household ]]
As im not sure what you mean here .
The rest is ok .
.
i didn't put Argentina on the list becouse that it is not te rival of UK.
median equivalised household income = average household income
I am not sure but they are doing a little better everyday, remember MercoP a few weeks ago? Brazil has overtaken the UK as the world’s sixth largest economy.
And if you read the local British news today...well doesn't look very well at all.
Tuesday 24 January 2012
“UK debt passes £1 trillion for the first time”
“UK risks new recession on weak jobs market, says ILO”
insted of letting the weaker nations drop out, and come back later, the euro loonys are empying out the cuboard to save them, costing billions and billions, and their deluded dream will sink us all, europeans America and south America will all suffer, and you wonder why we want to get out .
Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!