The pie charts display how the people in Europe allocated their total expenditure on various goods and services in 1958 and 2008.
Overall, residents spent most on food in 1958, while housing category dominated in 2008. It is clear from the data that individuals spent more in travel/transport and luxury goods over the period, whereas entertainment and clothing witnessed a decrease in proportion.
In 1958, food lead the segment with 32%, followed by housing with 22%. By 2008, people invested more on housing and spent less for food, and the ratio reached at 32%, and 12%, respectively. The figure also indicate that the ratio for clothing and entertaiment were twice as less as food in 1958, with a percentages of 18%, and 13%, respectively. With regard to other services, travel/transport and luxury goods saw a dramatic growth by 2008. Both of these commodities saw a significant increase in proportions by reaching at the ratio from 8% to 17%, and 7% to 17%, respectively.
