Consumer Spending Projected to Increase by 10% During Ramadan 2022
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Household spending during Ramadan 2022 is projected to increase compared to previous years.
According to a survey report from SurveySensum, people are preparing an average of Rp6.9 million for Ramadan 2022 spending. This figure is up approximately 10% compared to Ramadan 2020, when the Covid-19 pandemic first occurred.
This projected Ramadan 2022 spending budget also surpasses the pre-pandemic period.
According to the survey results, the average household spending in 2019 was recorded at Rp6.8 million. This amount then decreased to Rp6.3 million in 2020, and further decreased to Rp6.2 million in 2021.
In this survey, 57% of respondents admitted they would have higher spending during Ramadan 2022. Only 4% planned to reduce their spending, while 39% did not plan to change their spending.
The survey was conducted by SurveySensum from February 25 to March 5, 2022. This survey involved 1,500 respondents spread across Jabodetabek, Surabaya, Medan, and Bandung.
(Also Read: 5 Cities with the Shortest Fasting Duration in the World)
"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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