Published:
Chart of the Day: Here's solid proof that dining out is all the rage in Singapore
Households spend around $764 per month on restaurants.
Singaporean households now spend more money than ever on eating out, as more women and elderly employees join the workforce.
This chart from RHB Research shows that households spent an average of $764 per month on dining out in 2012/13, almost double from $466 per month in 2002/03.
Cash spend on food serving services also made up 64.3% of total F&B expenditure in 2012/13, compared to just 58.4% in 2002/03.
With more women entering the workforce, there is likely to be less time available for home cooking. Households are likely to continue to spend more on dining out," the report said.
Read Here
Advertise
Sign Up
