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© 2020 Ipsos. All rights reserved. Contains Ipsos' Confidential and Proprietary information and may not be disclosed or reproduced without the prior written consent of Ipsos. Jordan Consumer Sentiment Index (Q1) Jordan May, 2020 Data Collection Occurred From March, 15 th Till April, 30 th COVID-19 Edition
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Page 1: Jordan Consumer Sentiment Index (Q1)€¦ · the overall preparation to effectively deal with COVID-19? Q: What level of threat does the coronavirus pose to your country ? Q: “COVID-19

© 2020 Ipsos. All rights reserved. Contains Ipsos' Confidential and Proprietary information and may not be disclosed or reproduced without the prior written consent of Ipsos.

Jordan Consumer Sentiment Index (Q1)

JordanMay, 2020

Data Collection Occurred From March, 15th Till April, 30th

COVID-19 Edition

Page 2: Jordan Consumer Sentiment Index (Q1)€¦ · the overall preparation to effectively deal with COVID-19? Q: What level of threat does the coronavirus pose to your country ? Q: “COVID-19

Introducing the Jordan Consumer Sentiment Index

Ipsos’s Jordan Consumer Sentiment Index (JCSI), is a quarterlynational survey of consumer attitudes on the current and futurestate of the local economy, personal financial situation, as wellas confidence to make large investments and ability to save.

Consumer sentiment is a key predictor of purchase trends in themarket. Despite it being a lagging indicator, if consumersentiment is high, people will make more purchases and theeconomy will expand.

Businesses and Policy Makers can monitor changes in the indexto factor the data in their decision-making processes. A wave-on-wave decreasing trend suggests consumers have a negativeoutlook on their ability to spend. Thus, manufacturers mayexpect consumers to avoid retail purchases, particularly itemsthat require financing. Likewise, banks can anticipate a decreasein lending activity, mortgage applications, and credit card usage.

Page 3: Jordan Consumer Sentiment Index (Q1)€¦ · the overall preparation to effectively deal with COVID-19? Q: What level of threat does the coronavirus pose to your country ? Q: “COVID-19

JCSI Employment Confidence

JCSI Economic Expectations

JCSI Investment Climate

JCSI Current Personal Financial Conditions The quarterly JCSI result is

driven by the aggregation of

four, weighted, sub-Indices

Overall Jordan Consumer

Sentiment Index

Introducing the Jordan Consumer Sentiment Index

Page 4: Jordan Consumer Sentiment Index (Q1)€¦ · the overall preparation to effectively deal with COVID-19? Q: What level of threat does the coronavirus pose to your country ? Q: “COVID-19

Overall JCSI Survey Questions

1. Rate the current state of the economy in your local area using a scale from 1 to 7, where 7 means a very strong economy todayand 1 means a very weak economy.

2. Looking ahead six months from now, do you expect the economy in your local area to be much stronger, somewhat stronger,about the same, somewhat weaker, or much weaker than it is now?

3. Rate your current financial situation, using a scale from 1 to 7, where 7 means your personal financial situation is very strongtoday and 1 means it is very weak.

4. Looking ahead six months from now, do you expect your personal financial situation to be much stronger, somewhat stronger,about the same, somewhat weaker, or much weaker than it is now?

5. Compared to 6 months ago, are you NOW more or less comfortable making a major purchase, like a home or car?6. Compared to 6 months ago, are you NOW more or less comfortable making other household purchases?7. Compared to 6 months ago, are you NOW more or less confident about job security for yourself, your family and other people

you know personally?8. Compared to 6 months ago, are you NOW more or less confident of your ability to invest in the future, including your ability to

save money for your retirement or your children’s education?9. Thinking of the last 6 months, have you, someone in your family or someone else you know personally lost their job as a result

of economic conditions?10. Now look ahead at the next six months. How likely is it that you, someone in your family or someone else you know personally

will lose their job in the next six months as a result of economic conditions?

Page 5: Jordan Consumer Sentiment Index (Q1)€¦ · the overall preparation to effectively deal with COVID-19? Q: What level of threat does the coronavirus pose to your country ? Q: “COVID-19

Demographics

Page 6: Jordan Consumer Sentiment Index (Q1)€¦ · the overall preparation to effectively deal with COVID-19? Q: What level of threat does the coronavirus pose to your country ? Q: “COVID-19

49.0%Females

51.0%Males

23.0%

25.0%

21.0%

16.0%

15.0%

18 - 24

25-34

35-44

45-54

55 +

RegionsGender Age

39.0%

20.0%

14.0%

6.0%

5.0%

4.0%

3.0%

2.0%

2.0%

2.0%

2.0%

1.0%

Amman

Irbid

Zarqa

Balqa

Al Mafraq

Kerak

Jerash

Madaba

Aqaba

Ma'an

Ajloun

Al Tafielah

8.1%

20.5%

24.0%

45.9%

A B C DE

Socioeconomic

Class*

Demographics

*Based on Household Income*Excluding Don’t Know/ Refused To Answer

Data Collection Occurred From March, 15th Till April, 30th

Page 7: Jordan Consumer Sentiment Index (Q1)€¦ · the overall preparation to effectively deal with COVID-19? Q: What level of threat does the coronavirus pose to your country ? Q: “COVID-19

Jordan Consumer Sentiment Index

Q1, 2020 Summary

Page 8: Jordan Consumer Sentiment Index (Q1)€¦ · the overall preparation to effectively deal with COVID-19? Q: What level of threat does the coronavirus pose to your country ? Q: “COVID-19

Prelude

The end of 2019 was marked by a slight diffusion of negativity with Jordanians showing some signs of optimism regarding long-term implications of newly introduced government measures and economic packages. However, the repercussions of the global COVID-19 pandemic has taken the country by storm, halting 2020 economic plans, and forcing the government to focus on the imminent health and economic threats posed by the pandemic. Uncertainty regarding the country’s economic future has led to a 3-point decrease in the Jordanian Consumer Sentiment Index (JCSI) for this quarter.

As people grappled with the impact of the pandemic on their lives and livelihoods, Jordanians turned their attention to the government’s response to the current crisis. In fact, as a result of the government’s early adoption of strict measures to prevent the spread of coronavirus coupled with measures that alleviated immediate financial pressures posed by the lockdown, Jordanian’s trust in the government reached an all-time high with almost 1 in 2 expressing high confidence towards government actions.

Nonetheless, despite immediate relief measures, the strict lockdown has brought the country’s aid-dependent economy to a standstill causing Jordanians to share a bleak outlook regarding the future. In fact, Ipsos was able to track the evolution of sentiments as the situation unfolded. While initially, Jordanians were optimistic that the crisis will be short-lived, as the situation progressed, people turned their attention to the economic impact posed by the virus, leading to a more pessimistic view regarding future personal finances and the country’s economic situation.

Furthermore, many continue to voice their concerns about their deteriorating ability to spend, with around 8 in 10 feeling less comfortable making household purchases and 84% feeling less capable of committing to major purchases at this point in time. This along with a heightened uncertainty regarding future job security, have dwindled Jordanian’s positive expectations of better economic and financial conditions in the coming 6 months.

As Jordanians demonstrate lower degrees of confidence in the prospects for economic recovery, striking a balance between protecting Jordanians’ lives and their livelihoods will continue to be the governments biggest challenge in the months to come.

Page 9: Jordan Consumer Sentiment Index (Q1)€¦ · the overall preparation to effectively deal with COVID-19? Q: What level of threat does the coronavirus pose to your country ? Q: “COVID-19

JCSI Q1 Summary

JCSI, Q1 2020

35.4

Personal Financial Situation Top 3 Concerns For Jordanians

19.4%

21.8%

58.8%

Strong

Neither Strong Nor Weak

Weak

Poverty & Social Inequality

37.8%

Versus Previous

Wave

38.5

Q: Rate your current financial situation, using a scale from 1 to 7,where 7 means your personal financial situation is very strong todayand 1 means it is very weak.

Unemployment49.7%

High Cost of Living52.9%

Future Personal Financial Situation

34.4%

36.4%

29.1%

Stronger

About The Same

Weaker

Q. Looking ahead six months from now, do you expect your personalfinancial situation to be much stronger, somewhat stronger, about thesame, somewhat weaker, or much weaker that it is now?

Page 10: Jordan Consumer Sentiment Index (Q1)€¦ · the overall preparation to effectively deal with COVID-19? Q: What level of threat does the coronavirus pose to your country ? Q: “COVID-19

Impact of COVID-19 On The CountryDuring the Month of March, despite believing that the virus posed a serious health risk, the vast majority of Jordanians were extremely optimistic, believing that the impact of the of the crisis will be short lived. Nonetheless, as the situation progressed, Jordanians became less likely to believe that the virus poses a big health risk on the country, but instead people became more anxious about the impact duration and the country’s readiness to deal with the virus’ economic repercussions.

Q: Based on what you have seen, how confident are you aboutthe overall preparation to effectively deal with COVID-19?

Q: What level of threat does the coronavirus pose to yourcountry ?

Q: “COVID-19 is being contained and will soon be over”, towhat extent do you agree or disagree with the statement?

50.8%

10.6%

38.6%

Agree

Neutral

Disagree

37.8%

28.1%

34.1%

High Threat

Moderate Threat

Low Threat

49.3%

3.9%

46.9%

Prepared

Neither Prepared orUnprepared

Unprepared

91.5%

9.2%3.7%

74.2%

March April

Agree Disagree

Results Broken Down by Month: Results Broken Down by Month: Results Broken Down by Month:

Preparedness to Deal With COVID 19Level Of Threat On JordanDuration of COVID 19

60.8%

14.0%19.4%

47.5%

March April

High Threat Low Threat

93.4%

5.9%4.4%

88.3%

March April

Prepared Unprepared

Page 11: Jordan Consumer Sentiment Index (Q1)€¦ · the overall preparation to effectively deal with COVID-19? Q: What level of threat does the coronavirus pose to your country ? Q: “COVID-19

52.9%

49.7%

37.8%

30.0%

21.8%

18.0%

16.3%

15.3%

14.5%

8.3%

5.8%

5.3%

4.1%

3.3%

3.0%

Jordanians’ Top Concerns

Q: Which of these are your top three biggest concerns as a Jordanian citizen, whether they are economic, social or political?

Compared to Q4,19

8%

0%

3%

-3%

2%

-3%

-1%

-3%

2%

-5%

2%

2%

0%

-1%

-1%

High Cost of Living/Inflation

Unemployment

Poverty & Social Inequality

Corruption

Weak Economy

Taxes

Healthcare

Education

Moral Decline

Crime & Violence

National Security

Scarcity of Natural Resources

Immigration

Environment

Political Instability

Page 12: Jordan Consumer Sentiment Index (Q1)€¦ · the overall preparation to effectively deal with COVID-19? Q: What level of threat does the coronavirus pose to your country ? Q: “COVID-19

0

10

20

30

40

50

60

70

80

90

100

Sau

di A

rab

ia

Ch

ina

US

Swed

en

Ind

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Gre

at B

rita

in

Ger

man

y

Can

ada

Po

lan

d

Bra

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Au

stra

lia

Spai

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Mex

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Bel

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Hu

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Fran

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Arg

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Jord

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56.253.6 55.5

52.749.2 49.7

39.0

31.734.9 36.4 35.5

38.535.4

0

10

20

30

40

50

60

70

80

90

100

Q2

20

16

Q3

20

16

Q4

20

16

Q1

20

17

Q3

20

17

Q2

20

18

Q3

20

18

Q4

20

18

Q1

20

19

Q2

20

19

Q3

20

19

Q4

20

19

Q1

20

20

35.4

Avg. 50.0

JCSI- Trending JCSI- Global Comparison

Overall JCSI

Page 13: Jordan Consumer Sentiment Index (Q1)€¦ · the overall preparation to effectively deal with COVID-19? Q: What level of threat does the coronavirus pose to your country ? Q: “COVID-19

Sentiments Towards the Current Government

Page 14: Jordan Consumer Sentiment Index (Q1)€¦ · the overall preparation to effectively deal with COVID-19? Q: What level of threat does the coronavirus pose to your country ? Q: “COVID-19

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

Q3 Q4 Q1 Q2 Q3 Q4 Q1

Confident (Top Three Box Score) Neutral Not Confident (Bottom Three Box Score)

Confidence in the Government’s Role

Q: How confident are you on a scale of 1 to 10, where 1 is not confident at all and 10 is extremely confident, with the government’s overallability to improve the situation in Jordan?

39.7%

46.5%

13.8%

2018 2018 2019 2019 2019 2019 2020

Page 15: Jordan Consumer Sentiment Index (Q1)€¦ · the overall preparation to effectively deal with COVID-19? Q: What level of threat does the coronavirus pose to your country ? Q: “COVID-19

Personal Financial Situation

Page 16: Jordan Consumer Sentiment Index (Q1)€¦ · the overall preparation to effectively deal with COVID-19? Q: What level of threat does the coronavirus pose to your country ? Q: “COVID-19

46.6 43.7 44.741.1

36.8 35.0

25.018.9

22.6 25.0 23.7 26.2 25.2

0

10

20

30

40

50

60

70

80

90

100

Q2 Q3 Q4 Q1 Q3 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1

0

10

20

30

40

50

60

70

80

90

100

Sau

di A

rab

ia

Ch

ina

US

Ind

ia

Swed

en

Gre

at B

rita

in

Ger

man

y

Can

ada

Bra

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Po

lan

d

Au

stra

lia

Spai

n

Mex

ico

Bel

giu

m

Sou

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fric

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Fran

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Hu

nga

ry

Arg

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Turk

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Ru

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Ital

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Jord

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Sou

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Jap

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Avg. 50.0

25.2

JCSI PersonalFinancial Conditions

This quarter’s index on financial conditions has seen a 1 pointdecrease in comparison to last quarter pushing Jordan down the scaleto rank country number 22 out of 24, as there is a general decreasewitnessed across countries in people’s financial sentiment whencompared to last quarter.

1. Compared to 6 months ago, are you NOW more or lesscomfortable making other household purchases?

2. Compared to 6 months ago, are you NOW more or lesscomfortable making a major purchase, like a home or car?

3. Compared to 6 months ago, are you NOW more or less confidentabout job security for yourself, your family and other people youknow personally?

4. Compared to 6 months ago, are you NOW more or less confidentof your ability to invest in the future, including your ability to savemoney for your retirement or your children’s education?

5. Rate your current financial situation, using a scale from 1 to 7,where 7 means your personal financial situation is very strongtoday and 1 means it is very weak.

6. Rate the current state of the economy in your local area using ascale from 1 to 7, where 7 means a very strong economy todayand 1 means a very weak economy.

Avg. 50.0

2016 2016 2017 20172016 2018 20182018 2019 2019 20192019 2020

Page 17: Jordan Consumer Sentiment Index (Q1)€¦ · the overall preparation to effectively deal with COVID-19? Q: What level of threat does the coronavirus pose to your country ? Q: “COVID-19

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

Q2 Q3 Q4 Q1 Q3 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1

Strong (Top 3 Score) Neither Strong Nor Weak Weak (Bottom 3 Score)

Q: Rate your current financial situation, using a scale from 1 to 7, where 7 means your personal financial situation is very strong today and 1 means it is very weak.

21.8%

19.4%

58.8%

Current Personal Financial Situation

-0.1%

2016 2016 2017 20172016 2018 2018 2018 2019 2019 2019 2019 2020

Page 18: Jordan Consumer Sentiment Index (Q1)€¦ · the overall preparation to effectively deal with COVID-19? Q: What level of threat does the coronavirus pose to your country ? Q: “COVID-19

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

Q2 Q3 Q4 Q1 Q3 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1

Stronger About the Same Weaker

Q. Looking ahead six months from now, do you expect your personal financial situation to be much stronger, somewhat stronger, about the same,somewhat weaker, or much weaker that it is now?

36.4%

34.4%

29.1%

Future Personal Financial Situation

2016 2016 2017 20172016 2018 2018 2018 2019 2019 2019 2019 2020

Page 19: Jordan Consumer Sentiment Index (Q1)€¦ · the overall preparation to effectively deal with COVID-19? Q: What level of threat does the coronavirus pose to your country ? Q: “COVID-19

Jordan’s Economic Situation

Page 20: Jordan Consumer Sentiment Index (Q1)€¦ · the overall preparation to effectively deal with COVID-19? Q: What level of threat does the coronavirus pose to your country ? Q: “COVID-19

0

10

20

30

40

50

60

70

80

90

100

Sau

di A

rab

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Ch

ina

Bra

zil

Ind

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Swed

en

Arg

enti

na

Mex

ico

Gre

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rita

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Po

lan

d

Can

ada

Ger

man

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Hu

nga

ry

Spai

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Au

stra

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Fran

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Bel

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63.5 62.2 63.2 62.759.4

64.2

55.0

46.850.1 51.4 50.8

55.049.0

0

10

20

30

40

50

60

70

80

90

100

Q2 Q3 Q4 Q1 Q3 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1

49.0Avg. 50.0

Avg. 50.0

JCSI Economic Expectations

Jordanians’ expectations regarding their country’s economyhave been less positive this quarter given the COVID-19situation. Their pessimism has repositioned Jordan to be the20th country (down from the 13th) out of 24 countries.

1. Now look ahead at the next six months. How likely is itthat you, someone in your family or someone else youknow personally will lose their job in the next six monthsas a result of economic conditions?

2. Looking ahead six months from now, do you expect theeconomy in your local area to be much stronger,somewhat stronger, about the same, somewhat weaker,or much weaker than it is now?

3. Looking ahead six months from now, do you expect yourpersonal financial situation to be much stronger,somewhat stronger, about the same, somewhat weaker,or much weaker than it is now?

2016 2016 2017 20172016 2018 20182018 2019 2019 20192019 2020

Page 21: Jordan Consumer Sentiment Index (Q1)€¦ · the overall preparation to effectively deal with COVID-19? Q: What level of threat does the coronavirus pose to your country ? Q: “COVID-19

0%

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

Q2 Q3 Q4 Q1 Q3 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1

Stronger About The Same Weaker

Q: Looking ahead six months from now, do you expect the economy in your local area to be stronger, somewhat stronger, about the same, somewhat weaker, or muchweaker than it is now?

Future State of the Economy

35.9%

32.5%

31.6%

2016 2016 2017 20172016 2018 2018 2018 2019 2019 2019 2019 2020

Page 22: Jordan Consumer Sentiment Index (Q1)€¦ · the overall preparation to effectively deal with COVID-19? Q: What level of threat does the coronavirus pose to your country ? Q: “COVID-19

Employment

Page 23: Jordan Consumer Sentiment Index (Q1)€¦ · the overall preparation to effectively deal with COVID-19? Q: What level of threat does the coronavirus pose to your country ? Q: “COVID-19

0

10

20

30

40

50

60

70

80

90

100

Swed

en

Gre

at B

rita

in

Ger

man

y

US

Can

ada

Po

lan

d

Jap

an

Au

stra

lia

Hu

nga

ry

Bel

giu

m

Ch

ina

Fran

ce

Ind

ia

Sau

di A

rab

ia

Ital

y

Spai

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Sou

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Mex

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Bra

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Arg

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na

Ru

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Sou

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Turk

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Jord

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66.962.8 64.6

61.5 60.0 60.3

46.240.8 41.7 42.3 42.3 44.0

39.0

0

10

20

30

40

50

60

70

80

90

100

Q2 Q3 Q4 Q1 Q3 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1

39.0

Avg. 50.0

Avg. 50.0

The employment index has also seen a deteriorationin comparison to other indices this quarter. This maybe related to COVID-19 as it had a negative effect ona global scale, including Jordan, pushing its’ positiondown in comparison to the previous wave.

1. Compared to 6 months ago, are you now more orless confident about job security for yourself, yourfamily and other people you know personally?

2. Thinking about the last 6 months, have you,someone in your family or someone else youknow personally lost their job as a result ofeconomic conditions?

3. Now look ahead at the next six months. Howlikely is it that you, someone in your family orsomeone else you know personally will lose theirjob in the next six months as a result of economicconditions?

JCSI Employment Confidence

2016 2016 2017 20172016 2018 20182018 2019 2019 20192019 2020

Page 24: Jordan Consumer Sentiment Index (Q1)€¦ · the overall preparation to effectively deal with COVID-19? Q: What level of threat does the coronavirus pose to your country ? Q: “COVID-19

Q2 Q3 Q4 Q1 Q3 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1

More Confident Less Confident

Q. Compared to 6 months ago, are you now more or less confident about job security for yourself, your family and other people you know personally?

Job Security

71.1%

28.9%

2016 2016 2017 20172016 2018 2018 2018 2019 2019 2019 2019 2020

Page 25: Jordan Consumer Sentiment Index (Q1)€¦ · the overall preparation to effectively deal with COVID-19? Q: What level of threat does the coronavirus pose to your country ? Q: “COVID-19

Q2 Q3 Q4 Q1 Q3 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1

Yes No

Q. Thinking about the last 6 months, have you, someone in your family or someone else you know personally lost their job as a result of economic conditions?

Job Losses in the Past Six Months

56.0%

44.0%

2016 2016 2017 20172016 2018 2018 2018 2019 2019 2019 2019 2020

Page 26: Jordan Consumer Sentiment Index (Q1)€¦ · the overall preparation to effectively deal with COVID-19? Q: What level of threat does the coronavirus pose to your country ? Q: “COVID-19

Q2 Q3 Q4 Q1 Q3 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1

Likely Unlikely

Q. Looking ahead at the next six months, how likely is it that you, someone in your family or someone else you know personally will lose their job in the next six months asa result of economic conditions?

74.4%

25.6%

Job Losses in the Next Six Months

2016 2016 2017 20172016 2018 2018 2018 2019 2019 2019 2019 2020

Page 27: Jordan Consumer Sentiment Index (Q1)€¦ · the overall preparation to effectively deal with COVID-19? Q: What level of threat does the coronavirus pose to your country ? Q: “COVID-19

Investment Climate

Page 28: Jordan Consumer Sentiment Index (Q1)€¦ · the overall preparation to effectively deal with COVID-19? Q: What level of threat does the coronavirus pose to your country ? Q: “COVID-19

0

10

20

30

40

50

60

70

80

90

100

Sau

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48.0 45.549.0

44.639.1 40.0

28.821.8

25.5 28.2 26.930.9 27.4

0

10

20

30

40

50

60

70

80

90

100

Q2 Q3 Q4 Q1 Q3 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1

27.4

Avg. 50.0

Avg. 50.0

JCSI Investment Climate

Jordanians’ cynicism towards their ability to currently investhas decreased this quarter, resulting in a 3.5 point decreasein the first quarter of this year.

1. Compared to 6 months ago, are you NOW more or lesscomfortable making a major purchase, like a home orcar?

2. Compared to 6 months ago, are you NOW more or lesscomfortable making other household purchases?

3. Compared to 6 months ago, are you NOW more or lessconfident of your ability to invest in the future, includingyour ability to save money for your retirement or yourchildren’s education?

4. Rate your current financial situation, using a scale from 1to 7, where 7 means your personal financial situation isvery strong today and 1 means it is very weak.

5. Looking ahead six months from now, do you expect yourpersonal financial situation to be much stronger,somewhat stronger, about the same, somewhat weaker,or much weaker than it is now?

2016 2016 2017 20172016 2018 20182018 2019 2019 20192019 2020

Page 29: Jordan Consumer Sentiment Index (Q1)€¦ · the overall preparation to effectively deal with COVID-19? Q: What level of threat does the coronavirus pose to your country ? Q: “COVID-19

Q2 Q3 Q4 Q1 Q3 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1

More Comfortable Less Comfortable

Q. Compared to 6 months ago, are you NOW more or less comfortable about your ability to invest in the future, including your ability to save money for your retirementand your children’s education?

Ability to Invest in The Future

71.3%

28.7%

2016 2016 2017 20172016 2018 2018 2018 2019 2019 2019 2019 2020

Page 30: Jordan Consumer Sentiment Index (Q1)€¦ · the overall preparation to effectively deal with COVID-19? Q: What level of threat does the coronavirus pose to your country ? Q: “COVID-19

Q2 Q3 Q4 Q1 Q3 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1

More Comfortable Less Comfortable

Q. Compared to 6 months ago, are you now more or less comfortable making a major purchase, like a home or car?

Ability to Make a Major Purchase

84.7%

15.3%

2016 2016 2017 20172016 2018 2018 2018 2019 2019 2019 2019 2020

Page 31: Jordan Consumer Sentiment Index (Q1)€¦ · the overall preparation to effectively deal with COVID-19? Q: What level of threat does the coronavirus pose to your country ? Q: “COVID-19

Q2 Q3 Q4 Q1 Q3 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1

More Comfortable Less Comfortable

Q. Compared to 6 months ago, are you now more or less comfortable making other household purchases?

Buying Household Durables

78.2%

21.8%

2016 2016 2017 20172016 2018 2018 2018 2019 2019 2019 2019 2020

Page 32: Jordan Consumer Sentiment Index (Q1)€¦ · the overall preparation to effectively deal with COVID-19? Q: What level of threat does the coronavirus pose to your country ? Q: “COVID-19

Conversations on COVID-19 on the Social Web

Page 33: Jordan Consumer Sentiment Index (Q1)€¦ · the overall preparation to effectively deal with COVID-19? Q: What level of threat does the coronavirus pose to your country ? Q: “COVID-19

Methodology

Using an application of social intelligence and analytics, this section sheds light onto the

conversations happening online on COIVD-19, with a focus on organic posts regarding the

economy.

38,658Organic Public*

Conversations

Analyzed

TimeframeMarch 16th till

April 30th 2020

ToolIpsos’ Social

Intelligence Platform

Synthesio.

*Our SIA tool adheres to GDPR guidelines which inhibit the access to personally identified data, including private profiles.

All the data that is analyzed by Synthesio only cover public pages and accounts.

Page 34: Jordan Consumer Sentiment Index (Q1)€¦ · the overall preparation to effectively deal with COVID-19? Q: What level of threat does the coronavirus pose to your country ? Q: “COVID-19

Share of Topics Online

24.8%

22.6%

21.3%

20.1%

19.4%

16.9%

10.2%

Social

Humor

Health Awareness

Economy

Government

Educational

Turning To Religion

Period March 16th to April 30th

These citizens are mainly berating fellow citizens that disregard social distancing and quarantine.

People trying to lighten the situation and people's moods by making jokes. Some however, are not taking COVID-19 seriously.

Citizens are afraid of COVID-19 spreading and losing loved ones. Others are discussing the symptoms and proper sanitation measures.

At one end, people are praising the government for their quick and strict measures protecting citizens. At the other end, citizens are frustrated with the economic situation and are against the government’s actions.

Students are asking universities to change the system to pass/fail for the term and that grading be more lenient due to the situation.

People relying on their faith are being more optimistic and are prayingfor a solution to be found soon and the safety of everyone.

Page 35: Jordan Consumer Sentiment Index (Q1)€¦ · the overall preparation to effectively deal with COVID-19? Q: What level of threat does the coronavirus pose to your country ? Q: “COVID-19

Conversations on COVID-19 on the Social Web

Economy Conversations Deep Dive

Page 36: Jordan Consumer Sentiment Index (Q1)€¦ · the overall preparation to effectively deal with COVID-19? Q: What level of threat does the coronavirus pose to your country ? Q: “COVID-19

*Verbatims were translated from Arabic to English

Economy Subtopics (Out of 7,770 economy related posts)

59.1%

54.5%

7.6%

Personal FinancialSituation

Country Economy

Global EconomyImpact

Economical Concerns and Sentiment

5.0%8.7%

86.2%

Positive Neutral Negative

High Cost of Living/Inflation

Limited Income

Weak Economy

Corruption

Poverty & Social Inequality

Job Security and Unemployment

Other

40.9%

36.2%

21.8%

15.8%

8.4%

5.0%

2.3%

I mean we are poor… and our entire salaries are being spent on loans, rent and utility bills, yet people are afraid of the corona virus…. I swear death is more merciful

““

Fight corruption and those stealing money before you fight corona. Corona is temporary and will go away regardless, but corruption

stays…““

Page 37: Jordan Consumer Sentiment Index (Q1)€¦ · the overall preparation to effectively deal with COVID-19? Q: What level of threat does the coronavirus pose to your country ? Q: “COVID-19

Voices Behind the Concern

• Those who own a business are expressing concerns over their ability to pay their employees’ wages, some even citing their financial troubles before COVID-19.

• As such, they are stating the urgency in reopening their businesses as they currently have no source of income.

Business Owners

Citizens • Jordanians are expressing worries over their ability to provide for their family during COVID-19.

• In particular, daily workers are worried about not having a steady salary while those working in the private sector are concerned about wage cuts.

• Others are worried about corruption, some specifically targeting shop owners who have increased the price of their fares and wondering whether the government has a role to play in this.

I have a family that want to eat, where am I supposed to bring food and drinks if you don’t allow us to go to our shifts? We are daily workers, we don’t have salaries….

““

I expect that once the raises period is over in May, they’ll tell you that you can go back to work and that there’s no more

corona and we lose out on our promotions and bonuses

““

The Coronavirus has a huge impact on the economy, and it’s not fair to have

businesses continue to pay employees their full salaries as it is a burden and loss

for the company… the worker and the owner are both affected…

““

*Verbatims were translated from Arabic to English

Page 38: Jordan Consumer Sentiment Index (Q1)€¦ · the overall preparation to effectively deal with COVID-19? Q: What level of threat does the coronavirus pose to your country ? Q: “COVID-19

Perspective

During the beginning of the COVID-19 crisis, more people were prioritizing health and containing the virus over the economy.

As time went on, people’s financial situation looked more bleak, and thus, priorities shifted towards the economy.

In fact, Jordanians on social media are no longer concerned with the long-term economic implications of the virus, as they are more worried about their current personal finances and meeting the essential needs of their families, namely food, rent and utility bills.

65.8%60.0%

29.6%34.2%

40.0%

70.4%

March 16 - 31 April 1 - 15 April 16 -30

Priority is Health Priority is the Economy

Priority: Health vs. Economy (n=29% of overall posts where priorities can be determined)

36.6%

22.9%

5.0%

63.4%77.1%

95.0%

March 16 - 31 April 1 - 15 April 16 -30

Future Outlook Present Outlook

Perspective on Economy: Future vs. Present (n=75% of economy posts)

Losing our salaries is a

bigger pandemic

than corona

“The numbers are rising, for

the love of God stay at home, for your kids and country

I’m a daily worker and need to pay

rent, get diapers and

milk…

“This way, the

country will slowly come to a halt…

and if we don’t end up dying from Corona we will

eventually die from this poverty and

collapsing economy

*Verbatims were translated from Arabic to English

Page 39: Jordan Consumer Sentiment Index (Q1)€¦ · the overall preparation to effectively deal with COVID-19? Q: What level of threat does the coronavirus pose to your country ? Q: “COVID-19

JCSI Methodology

Page 40: Jordan Consumer Sentiment Index (Q1)€¦ · the overall preparation to effectively deal with COVID-19? Q: What level of threat does the coronavirus pose to your country ? Q: “COVID-19

JCSI Methodology

Mixed Methodology - Computer Assisted Telephone Interviews(CATI) and Self Administrated Online Interviews (Online Panels)Sample Size – 1500 RespondentsAge – 18 years old and aboveSample Criteria – Nationally Representative Sample of Jordanians

The JCSI Index is calculated by utilizing data from the survey results.Responses are divided into aggregated Top Box (Reward) numbersand Bottom Box (Penalty) numbers. Using Shapely Value Analysis,values were generated for the penalty and reward for each question.The magnitude of each question is the difference between thereward and penalty. An Importance factor, which the ultimateweight of the particular question in the index, is the magnitude ofeach question divided by the total magnitude of all questions. A TopBox Weight for each question is calculated by dividing the Reward bythe magnitude of each question. Similarly, the Bottom Weight foreach question is calculated by dividing the Penalty for each questionby magnitude of the same. The Index Value for each question iscalculated by using the formula: Importance x (Top Box Wt * Top Box%) -(Bottom Box Wt * Bottom box %).

Page 41: Jordan Consumer Sentiment Index (Q1)€¦ · the overall preparation to effectively deal with COVID-19? Q: What level of threat does the coronavirus pose to your country ? Q: “COVID-19

For more information, please contact:

Noor Al-Salhi

Senior Accounts Manager – Ipsos Jordan

[email protected]

GAME CHANGERS

At Ipsos we are passionately curious about people,

markets, brands and society. We make our changing

world easier and faster to navigate and inspire clients

to make smarter decisions. We deliver with security,

simplicity, speed and substance.

We are Game Changers

Saif Nimry

Managing Director of Jordan and Iraq

[email protected]

Tala Abughoush

Project Manager– Ipsos Jordan

[email protected]

Juman Tabbalat

Social Listening Expert– Ipsos Jordan

[email protected]

Maha Qawasmi

Research Analyst– Ipsos Jordan

[email protected]


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