Indonesians Face Economic Struggles Before Eid Holiday

Reported 4 days ago

As Indonesia approaches the Eid al-Fitr holiday, economic uncertainty prevails, affecting consumer spending and market sentiment. The Jakarta Composite Index has seen significant declines, and many Indonesians are expected to travel less this year due to reduced confidence and financial constraints. Despite some positive news from the stock market, consumer spending is down, with many switching to cheaper products as purchasing power erodes.

Source: YAHOO

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