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 (Okt) | 3,23% | -0.05 | |
| Inflasi mom (Agu) | 0,21% | +0.35 | |
| Economic growth | 5,11% | +0.08 | |
| Pertumbuhan ekonomi (yoy) (Q1) | 5,61% | +4.08 | |
| Persentase kemiskinan (Mar) | 8,07% | -0.18 | |
| Gini rasio (Sem2) | 0,38 | 0.00 | |
| Nilai Tukar USDIDR | 18.241 | +0.53 | |
| PDB ADHK (Q2) | 3.576,20 | +3.73 | |
| Ekspor Migas (Sep) | 951,70 | -4.08 | |
| Neraca perdagangan (Sep) | 3,36 | -5.51 | |
| Impor Migas (Sep) | 3,27 | -7.35 | |
| Ekspor (Sep) | 27,59 | +3.68 | |
| Impor (Sep) | 24,23 | +5.09 | |
| Kunjungan Wisman (Sep) | 1,43 | -10.79 | |
| NTP (Jul) | 116,16 | +1.32 |