Economic Sentiment Index Rises in June 2022

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Reza Pahlevi 15/06/2022 19:40 WIB
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Respondents' Optimism Level Regarding Economic Conditions One Year Ahead (Feb 2020-June 2022)
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According to a Charta Politika survey conducted in June 2022, 71.1% of respondents felt optimistic about Indonesia's economic conditions in the next year.

This indicates an improvement, as optimism levels had weakened in recent months, as shown in the graph.

Since the start of the pandemic, the lowest level of economic optimism was recorded at 32.8% in May 2020. Optimism levels did not even reach 50% until early 2021.

This improved optimism level in June 2022 is in line with 63.1% of respondents reporting improved household financial conditions after the controlled Covid-19 pandemic. However, 34.3% of respondents did not experience a similar improvement.

Furthermore, 58.2% of respondents felt that President Joko Widodo had successfully driven post-Covid-19 economic recovery. Conversely, 35.6% of respondents believed he had not.

This survey was conducted from May 25 to June 2, 2022, involving 1,200 respondents spread across Indonesia, with a margin of error of 2.83%.

Editor : Adi Ahdiat

"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."

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