The chart illustrates the proprtion of money spent on five sectors namely; savings, healthcare, entertainment, food and housing in an urban city called A in the year 2023.
Overall, it is concluded that in the given period (2023), food dominated the chart marking the highest category whereas less expendenture was distributed to savings.
In details,more earnings were spent on food at a figure of 30% of which the second leading domain was on housing at a figure of 25%. Futuremore, the household spent a considerable amount of money on entertainment which amounts to a percentage of 20.
In contrast, savings was the least popular category of which the lowest value was recorded at 10%. This was followed by healthcare which had a slight increase of 5% marking a 15% figure.It is observed that the household expenditures decreased gradually by 5% in the order of food (30%), housing (25%), entertainment (20%), healthcare (15%) and lastly savings (5%).
