The line graph illustrates infomation about economic growth over a 15 – year period of time, starting from 1995. The pie charts show breakdown of household expenditure across a range of categories between 1995 and 2010.
Overall, what stands out from the chart is that the number of economic growth fluctuated over the period, while the percentage of breakdown of household expenditure showed a significant changes in four separate, demonstrating a decline in expenditure on food and housing and an increasing in discretionary spending.
Looking at the line graph in more detail, economic growth a noticeable fluctuation from 1995 to 2010, commencing at 1 percent. In 2005, the percentage of economic growth saw increasing significantly by approximately 5 percents. However, the rate was decreasing sharply at -5 percents, before a slight recovery of 1 percent over a 5-year period of time from 2005 to 2010.
Additionally, the pie charts show information about household spending in four separate. The rate of family spending on food and housing accounted for the largest percentage of that year. Subsequently, household expenditure patterns remained, except for a minor rise on clothing, travel or entertainment in 2005. However, the percent of clothing, travel and entertainment decreased significantly in 2010, approximately 15 percents.
