Indonesia's economy grew at its weakest pace in more than three years in the first quarter, with headwinds expected in the ...

JAKARTA: (Bernama-Xinhua) Indonesia has been grappling with a marked reduction in the middle class in recent years, even as the Southeast Asian country strives to reach an economic growth of 5.2 ...

For decades, Indonesia’s middle class has been the backbone of economic growth, driving consumer spending and supporting millions of small businesses. However, in just five years, nearly 10 million ...

Statistics Indonesia said. While the GDP data suggested stable purchasing power, other indicators suggested spending by urban middle class households was weakening, said Barra Kukuh Mamia, Bank ...

She said consumer confidence in Indonesia remained strong, and MLA's own assessment of middle class consumption shows growth ahead. "When MLA tracks the Indonesian middle class, we use a price ...

JAKARTA (Reuters ... spending by urban middle class households was weakening, said Barra Kukuh Mamia, Bank Central Asia's economist. First-quarter investment growth slipped to 2.12%, its lowest ...