Survey Indicator: Many Indonesians Rate the Indonesian Economy Poorly

According to an Indikator survey, a majority, or 40.3% of respondents, consider Indonesia's current economic condition to be poor.

This figure comprises 31.8% of respondents rating it as bad, and 8.5% stating it as very bad.

Indikator founder Burhanuddin Muhtadi assessed that this condition aligns with the facts, where ahead of Lebaran (Eid al-Fitr) there were many price increases, especially for rice and corn commodities.

"Usually before Lebaran, supply might be limited and demand increases; it's the law of economics, prices go up," said Burhanuddin in a press conference on Sunday (April 21, 2024).

On the other hand, only 29.6% of respondents assessed Indonesia's economic condition as good. The details are 26.5% rating it as good and 3.1% as very good.

Meanwhile, 29% of other respondents considered the national economic condition to be moderate.

Indikator conducted this survey from April 4-5, 2024, involving 1,201 respondents aged 17 and above who own a telephone, assumed to represent 83% of the total national population.

Sample selection used a random digit dialing (RDD) technique. Selected respondents were then interviewed via telephone.

The survey's margin of error is approximately 2.9% at a 95% confidence level, assuming random sampling.