Restoring the Economy during Idul Fitri Celebrations
Idul Fitri does not only have a religious dimension. Its economic dimension is even bigger. Economic activity usually grows at the start of the fasting month and reaches its peak ahead of Idul Fitri celebrations.
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Enny Sri Hartati
Ramadan and Idul Fitri, locally known as Lebaran, are highly anticipated events for consumers and traders. Businesses, ranging from micro, small to medium and large businesses, hope to reap bigger profits during Idul Fitri. Traders generally expect sales turnover during the fasting month and Idul Fitri usually accounts for between 30 percent and 35 percent of their annual sales.
Idul Fitri does not only have a religious dimension. Its economic dimension is even bigger. Economic activity usually grows at the start of the fasting month and reaches its peak ahead of Idul Fitri celebrations. The majority of Muslims usually increase their spending during the fasting month.