The chart illustrates the amount of money spent by families in a country from their average weekly income (divided into eight different groups of purposes) in 1968 and in 2018. The expenditure is presented as percentage.
Overall, in 1968 the families spent most of their money compared to the money they spent in 2018 on Food whereas the least amount of money was spent on fuel and power both in 1968 and 2018. Furthermore, for both years weekly expenditure of money was equal for household goods. A significant difference could be seen in their spending for food, housing and leisure sector.
Regarding spending money on food, they spent 35% of weekly income in 1968 while in 2018 they spent around 17.5% of them. They spent more money in the year 1968 on fuel and power, clothing and footwear, personal goods sectors (just above 5%, exactly 10% and just under 10% respectively). On the fuel and power sector and personal goods they spent same percentage of their weekly income in the year 2018, which was just under 5% and it was the least percentage of expenditure among all of sectors for both years.
On the other hand, the expenditure of their weekly income was most on housing, transport and leisure sectors (just under 20%, almost 15% and over 20% respectively) in 2018 as opposed to the year 1968 (10%, around 8% and almost 9% respectively). Additionally, a slightly different thing could be noticed for the household goods because families spent same percentage of their weekly income in 1968 and in 2018 as well, which was almost 8%.