The bar chart illustrates the percentage of average weekly spending by families in a country by their weekly income between 1968 and 2018
Overall, It can be seen that spending on housing, transport and leisure tends to increase, while spending on the rest decreases, except for household goods, which remains constant. In 1968, households spent the most on food, in 2018, while the majority of income was spent on leisure.
First look at 1968, food accounted for the highest proportion of total expenditure, amounting to 35%. However, the figure dropped sharply to half in 2018. Regarding fuel and power, clothing and footware and personals goods, the percentage of initial income about 10% and 7%, then the figure was slightly reduced to nearly half.
Furthermore, there are big changes in spending for leisure and housing. Spending on housing increased from 10% after 50 years to about 20%. And the percentage of spending on leisure also increased very quickly, doubling compared to 1968. In addition, spending on transportation increased slightly, approximately from 10% to 15%. With regard to household goods, this figure remained stable at 8% throughout the entire period
