The charts delineate the proportion of the overall spending on various high-value items and services in a European nation in a 50-year period from 1958 to 2008.
Overall, in contrast to an upward trend of spending on houses, vehicles, and luxury commodities; food, clothing and entertainment lost its favor. This suggests a shift of personal property needs in a member state of Europe.
Looking at the charts more closely, one can see that individual’s spending on travelling and transportation witnessed a rise up to 5%, from 8% to 17%. Furthermore, spending on luxury goods and houses increased significantly by 10%, , from 7% to 17%, and from 22% to 32%, respectively; additionally, the latter dominated the chart by the end of the time span.
Considering the remainings, clothing consumption had a negligible change of only 2%, from 18% down to 16%. Whereas, expenditure on both food and entertainment experienced a significant decline; while the proportion of foods halved from 13% to 6%, entertainment dropped sharply by 20%, from 32% to 12% by 2008.
