It’s true that the GDP growth in Brazil depends on the domestic and local consumption. As an expanded nation, Brazil has to produce to raise its citizens life level and add more middle class who their appetite to buy is the highest. Once I read that Global will receive within few years more than 4 billion of middle class members, with their buying power will change the rule of the game in the emerging countries and #BRICS are the most luckiest.
The Latin American markets, as measured by the MSCI Latin American index, rose 12.6% in January. All of the region’s main country indices, Brazil, Mexico, Chile and Peru, rose during the month. Brazil was the leader with an increase of 15.2%.