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View all search resultsRecovery continued to elude the four-wheel vehicle market in the January-June period amid ongoing weak consumer demand, with local multi-finance companies, which typically rely on car loans, posted modest year-on-year growth of 2.8 percent in May.
Consumer confidence in Indonesia has improved slightly but remains at a low level, with an April survey by the central bank showing respondents more positive on the current state of the economy, even as they expect worse times to lie ahead.
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