De-Stuffing

People are not eating much bread anymore, as early Central Bank findings show locals spending instead on better food, phones, education, and more fun. People are not eating much bread anymore, as early Central Bank findings show locals spending instead on better food, phones, education, and more fun.

The Central Bank just wrapped up its Consumer Finance survey of 12,000 households across Sri Lanka, to study lifestyles and living trends.

The year long survey was spread across three income groups, urban, rural and the estate sector, including the North and East conflict zone, for the first time in 20 years.

The household spend on food and drink has fallen from 47 percent to 37 percent in all urban, rural and estate homes, since the survey was done seven years ago.

“What we need to look at is whether people are saving on nutrition because preferences have changed or is it that the structure of the diet itself has changed so that nutrition levels are the same, but there is enough left over to spend on other things,” Director Statistics at the Central Bank, Dr. Anila Dias Bandaranaike said on Thursday.

Rice and coconut are still steady