Indonesia's consumer confidence improves as Covid-19 cases hit 200,000-mark

  • Indonesia
  • Tuesday, 08 Sep 2020

Army and police officers monitoring people to ensure they wear face masks as a measure to curb the spread of the coronavirus in Denpasar on Indonesia's resort island of Bali on Tuesday (Sept 8). Total cases in Indonesia went above 200,000 on Tuesday. - AFP

JAKARTA, Sept. 8 (Xinhua): The consumer confidence index in Indonesia ticked up in August after the appearance of signals that the economy would pick up.

According to a survey carried out by the central bank Bank Indonesia on Tuesday (Sept 8), the consumer confidence index drifted up to 86.9 in August from 86.2 in July.

Although the index remained in the pessimistic zone, it showed an improvement.

This despite the fact that the Health Ministry on Tuesday confirmed that Covid-19 cases in Indonesia has gone above 200,000.

Bank Indonesia said that the strengthening of the consumers' confidence in August was due to the improvement of their perception on the current economic condition, as their perception on the hike in revenues, job availability and purchase of durable goods became better.

The consumers would still be sanguine about the condition of the economy till the next six months.

Indonesia's motorbike sales leaped in July and car sales spiked in June after the easing of restrictions applied to curb novel coronavirus transmission and the reopening business activities in the month.

The retail sales improved in June with rebound of loan growth in July.

The consumption represented more than half of Indonesia's gross domestic product (GDP) growth which was expected to decelerate further in the third quarter.

Indonesia plans a massive vaccination for the Covid-19 in January.

Meanwhile, the Covid-19 cases in Indonesia rose by 3,046 within one day to 200,035, with the death toll adding by 100 to 8,230, the Health Ministry said on Tuesday.

According to the ministry, 2,306 more people were discharged from hospitals, bringing the total number of recovered patients to 142,958.

The virus has spread to all the country's 34 provinces.

Specifically, within the past 24 hours, Jakarta recorded 1,014 new cases, East Java 401, West Java 336, Central Java 237 and Bali 164.

No more new positive cases were found in two provinces, namely Jambi and Central Kalimantan.

Indonesia's death toll is the highest in South-East Asia. - Xinhua

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