On Wednesday June 8, Bank Indonesia (BI/the Central Bank) reported that consumers’ confidence level in May improved, compared to the previous month, along with improvement of consumers’ expectation over current economic development.┬áConsumers also expect that the pressures on prices will ease in August 2016, mainly for processed foods, beverage, cigarette, and tobacco. For the next 6 months, consumers predict that savings and loans will grow.

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