Household Expenditure Survey

The economy of Singapore is at a crossroads. GDP is no longer an adequate measurement of progress. Other yardsticks should be considered as well.

SINGAPORE (Aug 5): Singapore’s overall average monthly household income has risen 2.4% since half a decade ago in 2012/13, whereas expenditure only went up 0.8%. But the bottom 20% of households in the city state might be feeling even poorer than before

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.