Calculating Economic Turnover during Idulfitri Holiday

The anticipated economic upturn, forecasted to reach IDR 369.8 trillion, is fueled by extended vacation or leave periods. With this year's Idul Fitri holiday being longer than the previous year, it is expected to bolster people's purchasing power.

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20 Apr 2024 - 16.42
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Calculating Economic Turnover during Idulfitri Holiday

Lake Toba Lake Toba, one of the tourist destinations. /Doc. Ministry of Tourism and Creative Economy.

Bisnis, JAKARTA – The 2024 Idul Fitri homecoming and holiday momentum is expected to positively impact the tourism sector and the creative economy. During this period, community activities are anticipated to generate an economic turnover of IDR 369.8 trillion.

The anticipated economic upturn, forecasted to reach IDR 369.8 trillion, is fueled by extended vacation or leave periods. With this year's Idul Fitri holiday being longer than last year, it is expected to bolster people's purchasing power.

According to a survey conducted by the Ministry of Tourism and Creative Economy, which involved 1,758 respondents, the average expenditure during tourism activities as of April 14, 2024, was IDR 2.73 million per person.

The largest portion of expenditure is allocated to accommodation, followed by transportation, food and beverages, and souvenirs.

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© Copyright 2024, Hak Cipta Dilindungi Undang - Undang.