Brazil's Emerging Middle Class
By: Lulu Chiang
Senior Field Producer
Brazil has enjoyed enormous growth, averaging over 3% from 1991 until 2010...and reaching a historic high of 10.1% in March of 1995.
Access: Brazil - A CNBC Special Report
People in the favelas are making more money, and moving up to the middle class.
Maria Bartiromo spoke to Marcelo Neri, Center for Social Policies at Getulio Vargas Foundation about the emerging middle class, inflation and industries that may benefit from this boom and you can watch the interview here.
Brazil has enjoyed enormous growth, averaging over 3% from 1991 until 2010...and reaching a historic high of 10.1% in March of 1995. People in the favelas are making more money, and moving up to the middle class.
