"Retailing in Indonesia" Is Now Available at Fast Market Research
In 2013, Indonesia witnessed a slowdown in economic growth, following the fuel hike in mid-2013 and the strong depreciation of Rupiah against the US Dollar. The increase in fuel price greatly affected the living cost as well as the price of goods in Indonesia, hence raising the inflation rate. As a result, Indonesia saw diminishing purchasing power, especially for the lower-income class. Such conditions dampened the strong growth of retailing, leading to stagnant retail value growth in 2013.
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