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
Saw this on Taiwan news.
If there are more members in the family, home cooking is economical.