The provided bar chart illustrates the percentage of household expenditure on goods and services in a particular country during the period of 10 years, from 1995 to 2005.
Overall, it reveals that housing and consumption expenditures represented one of the largest categories, while transport made up the lowest expenses. Another striking feature is that housing and transport both followed the upward trend, whereas the others gradually declined during the period.
Regarding housing and transport expenditures, both figures followed a similar increasing pattern. In 1995, housing expenditures made up approximately 28%, which was 13% higher compared to transport. These two categories eventually increased in the next 10 years. For example, housing expenditures stood out as the largest figure in the bar chart, estimated at roughly 33%, which was 15 points higher than transport.
The remaining household expenditures, consumption and other goods and services, showed the opposite trend compared to others. Specifically, food and drinks accounted for more than 30% in 1995, whereas other goods stood at exactly 25%. However, the only difference was that there was a stark contrast concerning the gaps between these two categories. For instance, food and drinks expenditures witnessed a considerable decline from 33% to approximately 24%, whereas other services saw a slight drop by only 3% (25% to 22%).
