Inflation and Election Uncertainty will Weigh on Indonesian Consumers in 2023
Aileen Supriyadi
Inflation has been intensifying in Indonesia, given supply chain constraints, oil price hikes, as well as rising fuel costs. However, manufacturers have remained positive and proved adaptable in retaining the selling price to consumers. At the same time, consumers are also regaining a positive outlook, as indicated by positive retail spending in 2022. Nonetheless, the next year is crucial to consumption growth in Indonesia, with fears of global inflation, and political change in Indonesia as elections are around the corner.
Indonesia Tobacco: Key Findings in 2022
Aileen Supriyadi
Indonesia is the second largest cigarette market in the world, and is the largest market meaningfully accessible to international companies, given trading restrictions in China. Smoking levels remain high and despite economic and regulatory threats to demand, this remains a key market to watch for tobacco.
Product Availability in Indonesia: What is In-Demand?
Euromonitor International
Indonesia has seen an increase in Coronavirus (COVID-19) cases since the beginning of the year. Despite cases starting to decrease at the beginning of February, social distancing restrictions are still in place and with consumers staying at home,…
Key Tobacco Industry Trends in Southeast Asia
Euromonitor International
New product development and shifting consumer preference can be observed within the tobacco market in Southeast Asia, driven by initiatives from major international players, as well as the rising price of tobacco products and increasingly stringent…
Indonesia's Elections Means Assurance for Investment and Expansion in the Country
Adhitya Nugroho
President Joko Widodo has been re-elected for the 2nd term as President of Indonesia, and with this re-election and continuity in leadership, the government policy is expected to be more stable. This will create a conducive investment climate in…
New Emerging Markets: Nigeria, Indonesia, Mexico, the Philippines and Turkey
Euromonitor International
Collectively dubbed the “NIMPTs”, Euromonitor International has identified five new emerging markets which have entered a rapid growth phase, providing exciting growth opportunities for manufacturers of a wide range of consumer goods and services. Download now to: Learn about market…