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Indonesia Consumer & Retail Report Q4 2017

Indonesia Consumer & Retail Report Q4 2017

BMI View:

Consumption growth will accelerate in 2017 as an improving economy helps to better conditions in the labour market and rising wages spur spending growth. We continue to expect the Indonesian economy to do well into 2018 as the government pursues positive reforms to reduce red tape and improve the business environment, leading to a stronger GDP performance. This is reflected in the consumer confidence ratings, which reached all-time highs in July 2017, indicating a boom in consumer spending should be forthcoming over the rest of the year.

The BMI Country Risk team is forecasting private consumption real growth of 5.0% in 2017, static since 2016. The Indonesian economy has faced headwinds in recent quarters due to a ban on exports in the mining sector. This was lifted in January 2017, which has boosted the economic outlook for the country; as positive wage growth supports higher rates of private consumption. Poor performance in the key agricultural sector (which is also a major source of informal employment at low wages) will sustain elevated unemployment levels over 2017. Accordingly, we updated our forecast for Indonesia's real GDP growth to accelerate to 5.1% in 2017 and 5.3% in 2018 from 5.0% in 2016.


BMI Industry View
Consumer Outlook
SWOT
Consumer & Retail SWOT
Industry Forecast
Consumer Spending
Total Household Spending
Table: Total Household Spending (Indonesia 2015-2021)
Essential/Non-Essential Spending
Table: Essential And Non Essential Spending (Indonesia 2015-2021)
Spending Breakdown
Food, Drink And Tobacco
Table: Food And Drinks (Non-Alcoholic, Alcoholic and Tobacco) Spending (Indonesia 2015-2021)
Clothing And Footwear
Table: Clothing And Footwear Spending (Indonesia 2015-2021)
Household Goods
Table: Household Goods Spending (Indonesia 2015-2021)
Personal Care And Effects
Table: Personal Care And Effects Spending (Indonesia 2015-2021)
Tourism Spending
Household Characteristics
Table: Household Income Data (Indonesia 2015-2021)
Demographic Forecast
Market Overview
Retail Trends
Clothing And Footwear
Table: Selected Clothing And Footwear Retailers
Household Goods, Homeware And Home Improvement
Table: Selected Household Goods, Homeware And Home Improvement Retailers
Electronics
Table: Selected Electronics Retailers
Department Stores
Table: Selected Department Stores
E-Commerce And Online Marketplaces
Table: Selected E-commerce Retailers And Online Marketplaces
Pharmacies And Drug Stores
Table: Selected Pharmacies And Drug Stores
Glossary
Methodology
Industry Forecast Methodology
Sources

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