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'Halo effect' dims as Indonesia consumer confidence slides: survey

Outlook for economy, stock market worsens as slow pace of change after Jokowi's election win curbs expectations

Thu, Jul 30, 2015 - 5:50 AM

Consumer spending, which accounts for more than half of the economy, remains moderate.

PHOTO: AFP

Singapore

INDONESIA'S consumer confidence faced an "extreme deterioration" in the first half, falling the most in Asia as the outlook for the economy and stock market worsened, according to a MasterCard Inc survey.

The 25.8-point slide from the second half last year to 64.3 on the...

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