Latest data shows T&T’s middle class growing

Dr Roger Hosein More people are now in T&T’s middle class, according to Dr Roger Hosein, senior lecturer at the University of the West Indies (UWI), St Augustine. He said according to the latest available data, in 2012 less than half of the population worked for less than the average monthly income of $4,955.

However, he added: “A closer inspection is required as the inflation rate in the same time period would have escalated the cost of living. Also there is a catch—a country’s wealth includes its assets below the ground and above the ground. We need to ask for […]