Share of food spending for eating out reaches 47 percent

摘要

In economic recoveries spending on food away from home rises faster than spending for food at home. Between 1997/98 total expenditure for eating out rose 4.6% whilst food at home rose 2.8%. By 1998 the share of food dollars spent away from home climbed to an all time high of 47%. At home food expenditures include the fast growing sector of Home Meal Replacements (HMRs). The article shows tables for personal food expenditures in 1998 showing spending for food away from home grew 4.6% compared with 2.9% increase in expenditure for food at home. Between 1997/98 the rise in personal food expenditure was lower than the increase in disposable income.