In Mexico too middle class people already form a large proportion of the population, on the OECD’s definition. Spending is rising slowly but steadily and is forecast to continue on the back of the country’s economic growth. Its total middle class spending is set to increase by 40 per cent by 2020 compared to 2010, about the same amount it did in the last decade.

via Chart of the week: tracking the rising EM middle classes | beyondbrics.