Survey results from The Economist, Nikkei Asia, and Bloomberg show that Indonesia is in the category of relatively slow economic recovery. Meanwhile, the indicators used as benchmarks by the institutions are the high level of Covid-19 cases, restrictions on economic activity, and the low penetration of vaccination programs in Indonesia. NHKSI Research sees that a more intensive vaccination strategy is needed. Previously, Statistics Indonesia (BPS) noted that Indonesia Economy grew 7.07% YoY or 3.31% QoQ in 2Q21. This figure is higher than the 0.74% contraction in 1Q21 and the 5.32% contraction in 2Q20. This was influenced by export growth, and the increased mass mobility in 2Q21.
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