Household Consumption Still Contracted by 2.23% in Q1 2021
- A Small
- A Medium
- A Bigger
Consumer purchasing power remained weak in Q1 2021. This is reflected in the continued contraction of household consumption by 2.23% year-on-year (yoy) in January-March 2021.
However, Indonesian household consumption continued to improve from its lowest point in Q2 2020. At that time, household consumption plummeted by 5.52%.
Based on its components, household consumption in the transportation and communication sector experienced the deepest contraction at 4.24%. Household consumption in the restaurant and hotel sector grew by -4.16%; clothing, footwear, and their maintenance services by -2.71%; and food and beverages (excluding restaurants) by -2.31%.
Meanwhile, only two components of household consumption showed positive growth in Q1 2021: health and education (0.31%) and housing and household goods (1.27%).
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Related Data
Market Data
| Name | Value | % | |
|---|---|---|---|
| Inflasi yoy (Jun) | 3,34% | +0.26 | |
| Inflasi mom (Jun) | 0,44% | +0.16 | |
| Economic growth | 5,11% | +0.08 | |
| Pertumbuhan ekonomi (yoy) (Q1) | 5,61% | +4.08 | |
| Persentase kemiskinan (Des) | 7,50% | -0.75 | |
| Gini rasio (Sem2) | 0,38 | 0.00 | |
| Nilai Tukar USDIDR | 17.979 | +0.19 | |
| PDB ADHK (Q1) | 3.447,70 | -0.77 | |
| Ekspor Migas (Mei) | 758,10 | -34.38 | |
| Neraca perdagangan (Mei) | -1,61 | -1,907.18 | |
| Impor Migas (Mei) | 4,51 | -1.82 | |
| Ekspor (Mei) | 23,20 | -8.30 | |
| Impor (Mei) | 24,81 | -1.59 | |
| Kunjungan Wisman (Mei) | 1,38 | +10.69 | |
| NTP (Jun) | 114,65 | +0.76 |