Trial now
IDR

Awaiting Bank Indonesia Decision

JGBS

Holding Firmer

Sign up now for free access to this content.

Please enter your details below and select your areas of interest.

One other factor to consider re: the soft retail sales print for August is the recent crackdown witnessed under the common prosperity mantra. The sudden strict crackdown in the tutoring/private education space has seemingly resulted in some unemployment according to our team in Beijing. This may result in less of a propensity to consume and more of a focus on savings given the potential for heightened job insecurity in sectors targeted by policymakers.