Household Economies Remain Poor Due to the COVID-19 Pandemic

Economics & Macro

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02/04/2021 12:00 WIB

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Fifty-nine percent of respondents stated that their household's economic condition is currently worse than last year. Only 13% of respondents stated that their economic condition is better.

Current Household Economic Conditions Compared to Last Year

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Household Economies Remain Poor Due to the COVID-19 Pandemic

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Current Household Economic Conditions Compared to Last Year

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The majority of Indonesians still perceive their household economic conditions as poor due to the coronavirus Covid-19 pandemic. According to a survey by Saiful Mujani Research & Consulting (SMRC), 59% of respondents stated this.

Specifically, 52% stated that their current household economic conditions are worse than last year. Meanwhile, 7% of respondents stated that their economic conditions are significantly worse.

28% of respondents stated that their household economic conditions have not changed. 12% of respondents stated that their economic conditions are better now. And 1% of respondents considered their current household economic conditions to be significantly better than last year.

SMRC conducted a random survey of 1,220 respondents from February 28 to March 8, 2021. The response rate was 1,064 people, or 87% of the total respondents. The survey has a margin of error of 3.07% and a 95% confidence level.

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."