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Penny-Pinching Consumers Cast Doubt on Indonesia's High Growth

Penny-Pinching Consumers Cast Doubt on Indonesia's High Growth

Bloomberg2 days ago
By , Grace Sihombing, and Prima Wirayani
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Indonesia's economy is growing at its fastest pace in two years. Not all consumers are buying it.
Rohatta, owner of a fried rice restaurant on the outskirts of the capital, Jakarta, says his business is having its worst spell since the pandemic, with 50-70 customers a day — down from 150.
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