Malaysians spending, dining out more in 2024, according to survey


PUTRAJAYA: Malaysian households spent an average of RM5,566 per month in 2024, marking a 3.9% increase from 2022, according to the latest Household Income and Expenditure Survey (HIES) 2024.

While income remained the primary source of expenditure, some households also relied on non-cash government assistance and self-produced goods to supplement their spending, the report said.

Housing, utilities and related expenses continued to take up the largest share of household budgets at 23.5%, followed by spending on restaurants and accommodation services (17.0%), food and non-alcoholic beverages (15.7%), and transport (11.0%).

The notable increase in spending on restaurants and hotels, of up to 17%, signals a growing trend among Malaysians to dine out more frequently, while spending on food consumed at home recorded a slight decline.

To provide better insights into these trends, the Malaysia Statistics Department (DOSM) has developed a comprehensive dashboard that integrates data on income, expenditure, poverty, and inequality, the report reads.

The platform, which features geospatial analytics, aims to support evidence-based policymaking and inclusive national development.

The public can also access OpenDOSM NextGen, an open-data platform offering interactive visualisations and data catalogues to support further analysis. The platform is available at https://open.dosm.gov.my.

 

 

 

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Nation

Motorcyclist killed after crashing into car left on emergency lane on Elite Highway
Bukit Aman announces new posts for four senior officers
Masidi appointed as GRS deputy chairman
Bukit Aman, Sabah vet dept seize fighting cocks worth RM530,000 in Sandakan
Singapore, Indonesia seek for stronger SIJORI partnership with Malaysia - Foreign Minister Balakrishnan
New Tamil Nadu CM thanks Anwar for greetings, seeks closer ties with Malaysia
Cops nab teenagers who allegedly assaulted, carjacked ehailing driver
Case of contractor found dead in Klang drain classified as sudden death, say cops
Man nabbed after swinging parang at cops in Gombak
Construction sector to play central role in Sabah's transformation, says Hajiji

Others Also Read