Economics
Worst Is Over for Indonesia’s Growth as Consumers Head to Malls
- Traffic in retail and recreation areas have returned to normal
- Consumer index, retail sales show stronger household spending
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Indonesia will likely catch up on growth in the fourth quarter as its all-important consumption engine returns to high gear.
More Indonesians are venturing outside to malls and supermarkets as a sharp decline in Covid-19 cases lets the government ease movement restrictions. Traffic in retail and recreation areas has largely returned to pre-pandemic levels, while mobility in groceries and pharmacies have rebounded well beyond that, according to Google data.