The graph illustrates the amount of money spent each month by british families on utility bills, transport, rent, ET, and groceries that represent the main life requirements in 1990, 2000 and 2010. The units of measurement is pound sterling.
Overall, the rent expenses account for the highest expenditure a month by british households in all three time period wherease the ET expenses regarded as the lowest above all mentioned criteria. For the three decades, there was a gradual increase in amount of money spent per month for utitlity bills, transport and rent while the expenses on ET over the same period declined slightly. The groceries expenditure remain almost constant with a minute gradual increament.
In terms of rent, the british families spent monthly a 500£ in 1990 that increased steeply into arround 800£ in 2010. During three decades, the money spent on transport was increased gradually from less than 200£ in 1990 to nearly 250 in 2010. The utility bills cost british family 75£ in 1990 that after three decades it doubled to 140£ in 2010.
On the other hand, the amount of money spent on ET was slightly decreased from 110£ in 1990 to arround 100£ in 2010. The groceries criteria in terms of mony spending was almost constant during the time period where the money spent was 310£ increased to 350£ over three decades.
