The provided pie charts illustrate the percentage of residents’s expenditure on various commodities and services in a European nation in 1958 and 2008.
From an overall perspective, it is evident that the proportion of people’s total spending on travel, housing, and luxury goods showed an upward trend, whereas the reverse pattern could be observed in the figures for the remaining categories.
In 1958, the percentage of individuals’ total spending on food was highest, at 32%, while the figures for housing and clothing were lower, at 22% and 18%, respectively, compared to 13% on entertainment and 8% on travel/transport. However, luxury goods accounted for the lowest value, at only 7%
By 2008, there was a significant decline in the proportion of people’s total spending on food and entertainment to 12% and 6%, in the given order, while the figures for housing and travel/transport substantially increased to 32% and 17%, respectively. In addition, the given period experienced a slight decrease in the data on clothing to 16%. Meanwhile, the share of residents’ expenditure on luxury goods climbed considerably to 17% in the same year.