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.
![https://cdn-assetd.kompas.id/2TMvoOTf6snpB7aj4p3gpWMqqco=/1024x576/filters:watermark(https://cdn-content.kompas.id/umum/kompas_main_logo.png,-16p,-13p,0)/https%3A%2F%2Fkompas.id%2Fwp-content%2Fuploads%2F2020%2F11%2Fbe4628b3-8ce5-4101-9582-9d85df985f9a_jpg.jpg](https://cdn-assetd.kompas.id/2TMvoOTf6snpB7aj4p3gpWMqqco=/1024x576/filters:watermark(https://cdn-content.kompas.id/umum/kompas_main_logo.png,-16p,-13p,0)/https%3A%2F%2Fkompas.id%2Fwp-content%2Fuploads%2F2020%2F11%2Fbe4628b3-8ce5-4101-9582-9d85df985f9a_jpg.jpg)
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.