Indonesia's Consumer Spending Could Rise in 4Q -- Market Talk

Dow Jones

Nov 17, 2025

0814 GMT - Indonesia's consumer spending could grow substantially in 4Q, driven by factors including the rollout of various government stimulus programs, says UOB Kay Hian analyst Suryaputra Wijaksana in a note. The free nutritious meal program is actively stimulating demand across the country and creating employment, offering a clear near-term boost. The consumer confidence index, which rose in October to 121.2 from September's 115.0, was driven by improving income expectations amid signs of business activity recovery and expanding job opportunities. As the government stimulus impact hasn't been fully felt yet and consumption could accelerate at a quicker pace, UOB KH forecasts 4Q and 2025 growth for Indonesia at 5.1%-5.4% and 5.1%, respectively. (amanda.lee@wsj.com)

(END) Dow Jones Newswires

November 17, 2025 03:14 ET (08:14 GMT)

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The free nutritious meal program is actively stimulating demand across the country and creating employment, offering a clear near-term boost. The consumer confidence index, which rose in October to 121.2 from September's 115.0, was driven by improving income expectations amid signs of business activity recovery and expanding job opportunities. As the government stimulus impact hasn't been fully felt yet and consumption could accelerate at a quicker pace, UOB KH forecasts 4Q and 2025 growth for Indonesia at 5.1%-5.4% and 5.1%, respectively. (amanda.lee@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 17, 2025 03:14 ET (08:14 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Indonesia's Consumer Spending Could Rise in 4Q -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIndonesia's Consumer Spending Could Rise in 4Q -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-11-17 16:14</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0814 GMT - Indonesia's consumer spending could grow substantially in 4Q, driven by factors including the rollout of various government stimulus programs, says UOB Kay Hian analyst Suryaputra Wijaksana in a note. The free nutritious meal program is actively stimulating demand across the country and creating employment, offering a clear near-term boost. The consumer confidence index, which rose in October to 121.2 from September's 115.0, was driven by improving income expectations amid signs of business activity recovery and expanding job opportunities. As the government stimulus impact hasn't been fully felt yet and consumption could accelerate at a quicker pace, UOB KH forecasts 4Q and 2025 growth for Indonesia at 5.1%-5.4% and 5.1%, respectively. (amanda.lee@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  November 17, 2025 03:14 ET (08:14 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0950375773.USD","symbol_name":"BNP PARIBAS SUSTAINABLE GLOBAL LOW VOL EQUITY \"C\" (USD) INC A","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2584485596","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2584485596","pubTimestamp":1763367240,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0814 GMT - Indonesia's consumer spending could grow substantially in 4Q, driven by factors including the rollout of various government stimulus programs, says UOB Kay Hian analyst Suryaputra Wijaksana in a note. The free nutritious meal program is actively stimulating demand across the country and creating employment, offering a clear near-term boost. The consumer confidence index, which rose in October to 121.2 from September's 115.0, was driven by improving income expectations amid signs of business activity recovery and expanding job opportunities. As the government stimulus impact hasn't been fully felt yet and consumption could accelerate at a quicker pace, UOB KH forecasts 4Q and 2025 growth for Indonesia at 5.1%-5.4% and 5.1%, respectively. 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The free nutritious meal program is actively stimulating demand across the country and creating employment, offering a clear near-term boost. The consumer confidence index, which rose in October to 121.2 from September's 115.0, was driven by improving income expectations amid signs of business activity recovery and expanding job opportunities. As the government stimulus impact hasn't been fully felt yet and consumption could accelerate at a quicker pace, UOB KH forecasts 4Q and 2025 growth for Indonesia at 5.1%-5.4% and 5.1%, respectively. (amanda.lee@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  November 17, 2025 03:14 ET (08:14 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":true,"need_login_tip":false,"code":"91000000","status":"200"}}}