Press Release - Living in Crisis -Impact of Covid-19 on Economy Optimism and Consumer Spending among SEA Countries

A year of living with Covid-19, citizens in SEA continue to battle the concern on country economy.

The author(s)
  • Dewi Sakuntala Country HR
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Ipsos SEA 3rd wave study that conducted on February 2021 among SEA countries, revealed that:

  • Indonesia was remain as the most optimistic of economy recovery in 6 month ahead that other countries (76%)
  • Spending intent remains muted on large purchases. Behavior is shifting from ‘pandemic routine’ to  ‘small indulgences’
  • Efficient roll out of vaccination can build economic optimism as in the case of Singapore. Philippines, Malaysia, and Thailand needs more confident building measures

Optimism of economy recovery

The author(s)
  • Dewi Sakuntala Country HR

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