For the bottom 20% of households, average monthly expenditure grew 3.0% per annum from 2012/13 to 2017/18, while average monthly income grew 2.8% per annum.
SINGAPORE (July 31): Singapore’s overall average monthly household income has risen 2.4% since half a decade ago in 2012/13, but the bottom 20% of households in the city state might be feeling even poorer than before.
The bottom one-fifth of households was the only group whose expenditure growth outpaced income growth in nominal terms.
