food ratio Archives — LIRNEasia


This is not the first time Engel’s Law has been written about here. And unlikely the last time. The 2016 Household Income and Expenditure Survey report is out and we’ve started poking around for insights. Here is a sample: From a high of 60.9% of total household expenditures spent on food in 1990-91, the food ratio has declined to 34.