Indonesia Consumer & Retail Q4 2018
ey View: We maintain a favourable consumer outlook for Indonesia, with consumption projected to accelerate in 2018 and 2019 inline with our economic growth forecasts. This bright outlook is supported by low levels of inflation, well within the central bank'starget, and low levels of household debt which indicates considerable room for uptake in credit. Meanwhile, high frequencyindicators point to robust consumer confidence levels and retail sales have begun to match up as well. An area of concern remainsyouth unemployment and overall unemployment remains high in comparison to the rest of the region.
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