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Indonesia's consumer base is maturing.

Publication: Market Asia Pacific
Publication Date: 01-MAR-07 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
A consensus has developed here at the beginning of 2007 that the Indonesian economy expanded well in 2006 and will expand further during 2007. The International Monetary Fund (IMF) estimates that GDP growth for Indonesia in 2006 was 5.2 percent compared with 5.6 percent in 2005. The IMF's estimate for 2007 GDP growth is 6.0 percent.

To this optimism are added the striking results of the above graph. The graph shows a rather dramatic trend developing over the past eight...



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