The chart illustrates the expenditure of people living in a particular European nation on various commodities and services in 1998 and 2008. Overall, residents of this country spent most of their money on electronic goods during the examined timeline. Moreover, the figure for the electronic goods in 2008 is the largest, while the lowest figure can be seen in the proportion of money spent on cinema and newspaper during the year 2008.
During 1998, electronic goods and clothing were people’s first priority with the expenditure of nearly 16% and 12% respectively. In addition, the margin between clothing and electronic goods got narrower as expenditure on clothing rose by 6% in 2008. Average household spent 6% of their total spending eating out, the exact same percentage can be witnessed in statistics concerning the year 2008.
However, people’s spending on some commodities decreased over this 10 year period. To illustrate, people’s willingness to spend money on holidays dropped from 8% in 1998 to 5% in 2008. Similarly, the proportion of money spent on both cinemas and newspapers dropped by 2% from the 1998 figure of 3%.