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Consumer expectations of economy after COVID-19 APAC 2020, by country

Consumer expectations of economy after COVID-19 in Asia Pacific in 2020, by country

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Source

In cooperation with
McKinsey
Release date

November 2020

Region

APAC

Survey time period

Septermber 2020

Number of respondents

5,148 respondents

Method of interview

Online survey

Supplementary notes

Respondents answered the question: How is your overall confidence level on economic conditions after the COVID-19 situation? Rated from 1 "very optimistic" to 6 "very pessimistic."

Optimistic: The economy will rebound within 2-3 months and grow to be just as strong or stronger than before COVID-19

Unsure: The economy will be impacted for 6-12 months or longer and will stagnate or show slow growth thereafter.

Pessimistic: COVID-19 will have a long-lasting impact on the economy and show regression/fall into lengthy regression

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