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Jakarta Post
The Jakarta Post
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DKI Jakarta, Indonesia
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Why talk the economy down, even when it's on the up?

  • Debnath Guharoy


| Tue, April 28 2009 | 12:52 pm

PREMIUM If we were to accept Bank Indonesia's view of the economy, the average consumer would be in a permanent state of depression. It's consumer confidence index has never crossed the 100 mark into positive territory. In the best and the worst of times, it tends to hover down in the doldrums somewhere between 80 and 90. If it was taken as a real reflection of the consumer pulse, both existing...