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View all search resultsWhile Indonesia's headline GDP suggests an economic triumph, a deeper look at GNP reveals a hollow growth, where wealth flows outward rather than into households. The country’s impressive statistics are failing to move the needle for the middle class and the informal workers who anchor the economy.
The Industrial Confidence Index (IKI), a monthly gauge of factory activity published by on Wednesday, came in at 51.75 last month, easing from March’s 51.86 but still above the 50 threshold that separates expansion from contraction.
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