“Consumption for leisure activities has risen, showing that the public has started thinking about lifestyle,” he said at a discussion at the ministry of communication and informatics here on Saturday.
He explained that commodities included in the leisure activities include hotels, restaurants, places of recreation, and cultural activities.
“Therefore, it has shifted from non-leisure to leisure consumption,” he noted.
People with fixed income tend to go for vacation and recreation, as shown by a lot of destinations offering cheap leisure commodities.
“Indeed, there has been a shift there. It is not clear if it is part of lifestyle or because they are bored and want to take a break,” Suharyanto remarked.
Economic observer Faisal Basri stated on the occasion that there has indeed been a shift in consumption pattern due to the change in the lifestyle of the upper-middle class of the society that covers 60 percent of the community.
The upper-middle class tends to develop fondness for tourism activities as seen from the added value of transportation sector, warehousing, and growth of hospitality.
“The number of domestic air passengers has grown by 10.22 percent (Jan to June 2017). That is also consumption. Railway passengers have also grown quite high at 8.53 percent (Jan to June 2017),” he revealed.
According to data, the number of foreign tourists to the country grew 22.42 percent in the first semester this year compared to the same period last year.(*)
Faisal Basri is currently senior lecturer at the Faculty of Economics, University of Indonesia and Chief of Advisory Board of Indonesia Research & Strategic Analysis (IRSA). His area of expertise and discipline covers Economics, Political Economy, and Economic Development.
His prior engagement includes Economic Adviser to the President of Republic of Indonesia on economic affairs (2000); Head of the Department of Economics and Development Studies, Faculty of Economics at the University of Indonesia (1995-98); and Director of Institute for Economic and Social Research at the Faculty of Economics at the University of Indonesia (1993-1995), the Commissioner of the Supervisory Commission for Business Competition (2000-2006); Rector, Perbanas Business School (1999-2003).
He was the founder of the National Mandate Party where he was served in the Party as the first Secretary General and then the Deputy Chairman responsible for research and development. He quit the Party in January 2001. He has actively been involved in several NGOs, among others is The Indonesian Movement.
Faisal Basri was educated at the Faculty of Economics of the University of Indonesia where he received his BA in 1985 and graduated with an MA in economics from Vanderbilt University, USA, in 1988.