Indonesians remain pessimistic about economy

Bank Indonesia (BI) on July 6 warned that though consumer confidence improved in June, but basically, people remain pessimistic about the country’s economy.

A corner of Jakarta (Photo: Jakarta Post)

Jakarta, July 6 (VNA) – Bank Indonesia (BI) on July 6 warnedthat though consumer confidence improved in June, but basically, people remainpessimistic about the country’s economy.

The consumer confidence index (CCI) went up 6 points to 83.8from 77.8 in May, below the100-point threshold separating pessimism from optimism.

Data from theIndonesian Chamber of Commerce and Industry (KADIN) showed that the number ofworkers losing or quitting jobs amounted to over 6.4 million in June, resultingin income reduction.

In another move, the Indonesia’s Bali resort island isplanning to welcome foreigners from September 11 following the Government’sdecision.

According to the Indonesian Health Ministry, the number ofCOVID-19 infections in Bali reached nearly 1,900 with 23 deaths as of July 6./.

VNA

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