Will Business Activities Recovery Continue in Q1 2021?

Summary

Bank Indonesia (BI) released the Business Activity Survey (SKDU) data. The survey shows that business activities still contracted (negative growth) in the fourth quarter of 2020. "The results of the Business Activity Survey (SKDU) indicate that business has improved in the fourth quarter of 2020, although still contracting, as reflected in the weighted net balance (WNB) of -3.90 percent the fourth quarter of 2020, improving from -5.97 percent in the previous quarter," the central bank said in a written statement, Wednesday (1/13).

The fourth quarter's business activities recovery was driven by the recovery in several sectors, including the Transportation and Communication sector; Finance, Real Estate and Corporate Services; Electricity, Gas and Clean Water; and Services. Besides, the trade sector, hotel and restaurant, manufacturing, and construction sectors also improved.

Start your free trial.

If you would like to get a 30-day free unlimited access to all of our insights, please click “Start free trial” button below. If you already have an account, please login.

What do subscribers receive?

As a subscriber, you’ll receive daily insights, weekly business digests, and bimonthly industrial reports.

What kind of pieces will i get?

In-depth reports on assumption and impact analysis, as well as update and trends mapping, written by our credible and experienced analysts.

And, there is something else…

Enjoy a 30-day free trial, on us. Feel free to contact us with any additional questions you have.