The line graph delineates the fluctuation in percentages of taxation and consumer credit from 1990 to 2010, while the bar chart depicts the consumer expenditure for three categories of products in the United Kingdom at five-year intervals throughout the identical period. Seen together, the figures discover a remarkable correlation of percentages of taxation and consumer credit with consumer spending.
From an overall perspective, what stands out from the illustrations is that the UK witnessed an upward trending of percentage in available credit during the period, but with the taxation, the opposite is the case.
Looking at the first graph in more detail, we can observe that the percentage of available credit in the UK peaked at 30% in 1995 and gained another summit at 60% in 2005 before declining dramatically. However, the change of taxation was inversely proportional to that of credit, as proportions of taxation and credit both hit the peak and the bottom in 2000, at 20 and -10%, respectively.
When it comes to consumer expenditure, the purchasing power of all types of products might be influenced by the percentage of available credit, with expenditure on food, household appliances, clothing all touching the highest point in 2005. Unlike the other sections, consumer spending on clothing reached its bottom in 2010.
The line graph delineates the fluctuation in
percentages
of
taxation
and
consumer
credit
from 1990 to 2010, while the bar chart depicts the
consumer
expenditure for three categories of products in the United Kingdom at five-year intervals throughout the identical period.
Seen
together, the figures discover a remarkable correlation of
percentages
of
taxation
and
consumer
credit
with
consumer
spending.
From an
overall
perspective, what stands out from the illustrations is that the UK witnessed an upward trending of
percentage
in available
credit
during the period,
but
with the
taxation
, the opposite is the case.
Looking at the
first
graph in more detail, we can observe that the
percentage
of available
credit
in the UK peaked at 30% in 1995 and gained another summit at 60% in 2005
before
declining
dramatically
.
However
, the
change
of
taxation
was
inversely
proportional to that of
credit
, as proportions of
taxation
and
credit
both hit the peak and the bottom in 2000, at 20 and -10%,
respectively
.
When it
comes
to
consumer
expenditure, the purchasing power of all types of products might
be influenced
by the
percentage
of available
credit
, with expenditure on food, household appliances, clothing all touching the highest point in 2005. Unlike the other sections,
consumer
spending on clothing reached its bottom in 2010.