New Market Research Report: Packaged Food in Indonesia
Despite a nationwide protest from consumers, the Indonesian government finally decided to increase fuel prices significantly starting in May 2013. This further reduced consumer purchasing power while inflation was also higher in 2013 compared to the previous year. As a result, Indonesian consumers became more cautious regarding spending, with packaged food being no exception. Many packaged food products, including major contributors to value sales of packaged food such as rice, dairy, noodles...
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