Spurring Household Spending
Household spending fell 4.04 percent in the third quarter of 2020 as the people’s growing worries about income and job security had caused a delay in consumption.
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Screen display when Minister of Trade Agus Suparmanto is the keynote speaker at a seminar in the National Retail Day network: Optimizing National Market for Global Experience, on Wednesday (11/11/2020).
Household spending fell 4.04 percent in the third quarter of 2020 as the people’s growing worries about income and job security had caused a delay in consumption.
JAKARTA, KOMPAS— The COVID-19 pandemic has accelerated the shift in buying behavior from offline shopping to online shopping. To accommodate the change in buying patterns, the retail sector is encouraged to undergo a digital transformation.
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