This line graph illustrates the percentages of household income spent on different categories for an interval of 50 years starting from 1965.
In 1965, savings was the largest distribution shown in the chart. There was a slight initial decline until 1990. After that, the number dropped dramatically and in 2015, people saved less than 5% of their household income. Accommodation started as the second highest allocation, at more than 10%. Similar to savings, the proportion fell slowly for the first twenty years but after that, it started to increase significantly and eventually reached the peak of more than 15% in the year 2005.
All four categories including recreation, food, transport, gas and electricity saw a slight upward trend in the distribution of household income. Only gas and electricity began to rise in the year 2005. Finally, spending on home improvements was negligible until 1990. The figure, however, started to increase continually and finished at about 2. 5% at the end of the period.
To sum up, all the categories finished at higher level in 2015 than it was in 1965. The sole exception is savings.
This line graph illustrates the percentages of household income spent on
different
categories for an interval of 50 years starting from 1965.
In 1965, savings was the largest distribution shown in the chart. There was a slight initial decline until 1990. After that, the number dropped
dramatically
and in 2015,
people
saved less than 5% of their household income. Accommodation
started
as the second highest allocation, at more than 10%. Similar to savings, the proportion fell
slowly
for the
first
twenty years
but
after that, it
started
to increase
significantly
and
eventually
reached the peak of more than 15% in the
year
2005.
All four categories including recreation, food, transport, gas and electricity
saw
a slight upward trend in the distribution of household income.
Only
gas and electricity began to rise in the
year
2005.
Finally
, spending on home improvements was negligible until 1990. The figure,
however
,
started
to increase
continually
and finished at about 2. 5% at the
end
of the period.
To sum up, all the categories finished at higher level in 2015 than it was in 1965. The sole exception is savings.