Enter 2019.11.18 03:12
[하나銀 소비트렌드 변화 보고서]
Out-dining and low-fertility accommodation 8 ста 14%
Due to the low birth rate and aging, households have reduced food and education costs, while food and health care costs have increased.
According to a report released Jan. 17 by the Jana Institute of Financial Management at Keb Jana Bank, rising household income has increased the cost of eating home-made food, but the cost of eating out has increased. Grocery purchases accounted for the largest share of household spending, at 27% in 1990, but fell sharply to 14% in 2018. Dining and accommodation costs, on the other hand, almost doubled from 8% to 14% over the same period. The decrease in food costs and the increase in food are linked to the increase in single households. Since youth postponed marriage, the share of single-family households has increased significantly from 16% in 2000 to 29% in 2017.
With declining birth rates, the share of education spending fell by half in 2009 to 14% in 2009. Last year, the overall birth rate, the average number of births a woman is expected to deliver in the 15-49 year period, fell to an all time low of 0.98.
As the population ages, health-related costs have increased from 6% in 1990 to 7% in 2018. Specifically, the increase was the highest in the 60s and above, from 7% to 11%. In Korea, the population is aging rapidly, with 14% of the population aged 65 or over in 2017, exceeding 13% of the youth population (aged 0-14). The average age of Koreans has increased from 10 years to 20 years, from 32 in 1998 to 42 in 2018.
The tax burden on households is increasing. Consumer spending, such as taxes and public pensions, increased from 20% of average monthly household consumption in 1990 to 24% last year.