The chart compares the expenditure of the weekly income of households in a particular
country in 1968 and in 2018. Overall, significant changes have taken place over the period. Mainly, spending on food has drastically dropped by the year 2018. In addition, expenses on housing, transport, and leisure have significantly increased.
In 1968, the highest expenditure was on food, accounting for 35% of the chart. Housing and clothing expenses were 10% each of the weekly income, followed by spending on household goods, personal goods, transport, and leisure, ranging from 8% to 9%. Fuel and power expenses constituted the lowest spending rate at approximately 6% of the chart.
Moving to 2018, food spending declined dramatically to over 17%, whereas expenditure increased on housing, transport, and leisure to 19%, 14%, and 22%, respectively. In contrast, spending on household goods remained unchanged, constituting nearly 8%. The last three expenses—fuel and power, clothing, and personal goods maintained the lowest spending rate, just as in 1968.