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View all search resultsconsumer-spending
Business 6 years ago
PREMIUM
Millennials’ lifestyle splurge can fuel Indonesia’s economy: Study
A recent study by private lender United Overseas Bank (UOB) Indonesia found that millennials, aged 21 to 39 years, spend 50 percent of their income on consumption, which includes travel, digital entertainment, food and beverages and skin care
Business 6 years ago
PREMIUM
Consumer surveys paint bleak picture of Indonesia's economy
Bank Indonesia’s Consumer Confidence Index in July dropped for the third consecutive month, with its consumer perception of “availability of jobs” component falling to “pessimistic” territory. Nielsen Indonesia also found that consumer concern about the economy went up sharply to 37 percent in the second quarter from 31 percent in the previous quarter.
