The bar graph compares how much UK citizens of different age groups spent on three items in 2014.
Overall, in three out of five age groups including 31-45, 46-50 and 76+ age brackets, spending on food and drink made up the biggest expenditure category, while restaurant and hotel and entertainment were most spent on items among under 30-year-olds and people aged 61-75.
Regarding the first two age groups, UK residents aged under 30 expended most on restaurant and hotel services, making up roughly 15% of their total spending. Their expenditure on food and drink and entertainment, in contrast, accounted for just over 5% each. 31-45-year-olds, on the other hand, set aside more than a tenth of their expenditure for food and drink and restaurant and hotels compared to spending on entertainment, which constituted around 7%.
As for the remaining age groups, spending patterns across older age groups varied greatly. People aged 46-60, for instance, reported a spending of over 15% of their total expenditure on food and drink while the figure for other categories was much lower than this amount. The 61-75 age group was the only one whose expenditure on entertainment was highest, making up just under a quarter, followed by spending on food and drink, at a fifth. Interestingly, they allocated only 2% of their spending to restaurant and hotel. Finally, the biggest consumer of food and drink were people aged 76+, whose expenditure on this item accounted for about 23%, and it was nearly twice as much as it was on entertainment. In contrast, their spending on restaurant and hotels made up roughly 5%.
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