The bar chart shows the percentage of money spent on eight household expenditures by families living in a certain country from their weekly salaries in 1968 and 2018.
Overall, food was the dominant consumer good on which families spent their weekly earnings in 1968, while leisure constituted the largest expense in 2018. A dramatic decline in the money spent on food occurred in 2018. In contrast, housing and leisure costs showed a significant rise in 2018.
Spending on food items showed a massive decrease from 35% to around 17% in 1968 and 2018, respectively. Other expenditures that showed a significant decline over the 50-year period are clothing/footwear and personal goods, plummeting from 10% to 5%, and from around 8% to just below 5%, respectively. In contrast, household goods remained constant in both years at around 8%.
The spending on housing and leisure saw a striking increase in 2018 from 10% to just below 20% and from around 9% to well above 20%, respectively. In fact, the proportion of money spent on leisure activities was the dominant one for the year 2018. Transport spending also increased from around 7% to just below 15%.