The given chart illustrates the proportion of household spending on goods and services in a specific nation in the 10-year period, from 1995 to 2005
Overall, the proportions of spending on housing and transport experienced an upward trend over the examined period, while there was an increase in the percentage of two remaining categories. Additionally, Food and Drinks occupied the largest proportion in 1995, whereas in 2005, the shares of Housing surpassed those of Food and Drinks.
In 1995, households allocated approximately 28% expenditure on housing, which was nearly doubled the figure of transport, at around 15%. In the following years, the share of housing substantially increased by about 6%, reaching around 34% in 2005, making it the biggest expense. Furthermore, the figure for transport followed a similar pattern, which rising from just 15% in 1995 to roughly 19% in the final year.
An opposite trend was recorded in the remaining two categories during the given period. In 1995, people spent about 32% their budgets on Food and Drinks, which was 7% higher than that of Other Goods and Services. Over time, the budget for Food and Drinks witnessed the most significant reduction among the four categories, which decreased to just 24% in the final year, thereby losing its leading position. Meanwhile, the figure for Other Goods and Services was slightly felt to approximately 23% in 2005.