Society Tightens its Belt in the Face of Crisis
- A Small
- A Medium
- A Bigger
The Covid-19 pandemic impacted the economy, causing people to tighten their belts and become wary due to economic uncertainty. This condition is reflected in the Indonesian Consumer Survey conducted by McKinsey & Company.
The majority of respondents decided to be more cautious in spending their money. As many as 83% of respondents agreed and strongly agreed to take such action. In addition, 65% of respondents also chose to cut or reduce their spending. Furthermore, economic uncertainty hindered 62% of respondents from transacting and investing.
Several other impacts have also begun to be felt, ranging from affected income, worrying about potential job losses, to decreased work performance.
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Related Data
Market Data
| Name | Value | % | |
|---|---|---|---|
| Economic growth | 5,11% | +0.08 | |
| Gini rasio (Sem2) | 0,38 | 0.00 | |
| PDB ADHK (Q1) | 3.447,70 | -0.77 | |
| Nilai Tukar USDIDR | 18 | +0.30 | |
| Neraca perdagangan (Mar) | 3,32 | +160.82 | |
| Ekspor Migas (Mar) | 1,28 | +18.60 | |
| Impor Migas (Mar) | 3,17 | +58.74 | |
| Ekspor (Mar) | 22,53 | +1.62 | |
| Impor (Mar) | 19,21 | -8.08 | |
| Kunjungan Wisman (Feb) | 1,16 | -2.42 | |
| Inflasi yoy (Apr) | 2,42% | -1.06 | |
| Inflasi mom (Apr) | 0,13% | -0.28 | |
| Persentase kemiskinan (Des) | 7,50% | -0.75 | |
| NTP (Apr) | 112,29 | +0.43 |