Spending on groceries rises as Singaporeans eat out
less
SINGAPORE : A recent survey showed that Singaporeans
are turning to home cooked meals and eating out less, due to
economic reasons.
Households are now spending an average of 14 per cent more a
month on overall expenses compared to last year, in part due to
higher food prices.
So more are choosing to eat in to cut down on the high cost of
dining out.
Singaporeans are now spending 15 per cent more on fresh food and
groceries, with the biggest jump seen in high—income households,
according to a survey by the Nielsen Company.
"By eating out, you have to spend more. But if you eat at home,
you can always budget your expenses," said one Singapore
resident.
Some Singaporeans are viewing this as a blessing in disguise,
saying that eating in allows them to eat more healthily.
"Of course, (home cooked) food is always the best. It’s good for
health and for the current crisis... as it’s healthier than to eat
outside," said Syed Nayaz, a member of the public.
Seven in 10 Singaporeans said that they are altering their
spending habits to save more.
They are cutting down on treats like chocolates and carbonated
soft drinks, and buy only essentials.
— CNA /ls