, Singapore
1072 views
Chart from Lazada

More than half of SG households have changed their grocery-buying habits

Forty-two per cent said they now have a lower budget for groceries.

Fifty-six per cent (56%) of Singapore households have either increased or lowered their grocery budget amidst the higher cost of living.

Data from a Lazada and Milieu Insight study showed that of those who have changed their grocery buying habits, 42% lowered their budget, whilst 14% increased theirs.

Most Singaporeans slashed their grocery budgets, either by 20% (43%) or 10% (34%).

Meanwhile, most of those who have increased their allocation for groceries topped up their budgets by either 20% (43%) or 30% (27%).
 

Join Singapore Business Review community

Follow the link s for more news on

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.