Household spending growth weakens as consumers focus on essentials

Uploaded By:  Alyssa Divina Submitted By:  Staff Reporter Case Study:  No Purchases are concentrated on food and health products. The real household spending in Singapore is projected to grow by just 1.8% YoY for 2020, from an estimated 3.6% growth in 2019, as consumer behaviour and pandemic measures have led to dramatically shifting purchasing patterns, according to Fitch Solutions. read more