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Consumer surveys paint dour design of Indonesia’s economy

14-Aug-2019 Intellasia |
JakartaPost |
6:02 AM

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Confidence among Indonesian consumers is deteriorating, according to new surveys, as concerns over a miss of jobs mountain and delegate spending drops opposite a backdrop of indolent domestic mercantile growth. Bank Indonesia’s Consumer Confidence Index in Jul forsaken for a third uninterrupted month, with a consumer notice of “availability of jobs” member descending to “pessimistic” territory. Nielsen Indonesia also found that consumer regard about a economy went adult neatly to 37 percent in a second entertain from 31 percent in a prior quarter. The executive bank’s consumer certainty index forsaken to 124.8 in Jul from 126.4 in June. Although a certainty index stayed in a “optimistic” zone, one of a pivotal components for a Economic Condition Index, “availability of jobs”, fell into “pessimisticrd…

https://www.thejakartapost.com/news/2019/08/13/consumer-surveys-paint-bleak-picture-of-indonesias-economy.html

 

Category: Indonesia

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Article source: https://www.intellasia.net/consumer-surveys-paint-bleak-picture-of-indonesias-economy-732177