Business Activity Improves in Q3 2020

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Andrea Lidwina 14/10/2020 13:54 WIB
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Weighted Average Net Position (WANP) of Business Activities
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Business activities improved in the third quarter of 2020, as indicated by the increase in the Weighted Net Balance (WNB) to -5.97%. Bank Indonesia's Business Activity Survey (BAS) shows improvements across all sectors due to the adoption of new normal practices (NNP).

Respondents are also optimistic about the fourth quarter of 2020. They expect business activities to perform positively with a WNB of 2.12%. This is in line with the increasing adoption of NNP, which is driving consumer demand.

"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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