The bar chart provides information relating to how the UK’s residents spent their money on different categories in 2004 in terms of various age groups.
Overall, entertainment gradually had the highest percentages, while restaurant & hotel became the least common in all age brackets. Notably, the figure for food & drinks increased remarkably, following from citizens over 30 years old to the elderly over 75 years old.
The share of spending on restaurant & hotel in people under 30 years old was by far the highest, at about 10%, while the figure for over-75s citizens was by far the lowest, accounting for precisely 4%. Regarding the young people, they spent most of their money on entertainment, which was about 5% higher than food & drinks. Furthermore, only just over 12% of expenditure on entertainment was recorded in the 35-49 age range, followed by food & drinks and restaurant & hotel, at about 7% and 6%, respectively.
The figures for entertainment kept rising steadily from the 35-49 age group to the 64-74 age bracket, with respective percentages being from roughly 13% to north of 16%. A similar change, but to a greater extent, was witnessed in food & drinks, growing from just over 6% in 35-to-49-year-old people to just over 16% in over-75s residents. Notably, the share of spending on hotel & restaurant remained relatively unchanged in the 35-49, 50-64, and 64-74 age range, at 6%. Likewise, only 6% of spending on entertainment was documented in people belonging to the over 75 age group.