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Brief
On December 9, 2024, the Bank Indonesia issued an update regarding Consumer Survey November 2024: Consumer Confidence Increases. The survey results indicated a significant increase in consumer confidence, with the Index of Consumer Confidence (IKK) reaching 125.9, surpassing the previous month's index of 121.1. The boost in confidence was supported by higher indices for Current Economic Conditions and Consumer Expectations, indicating improved perceptions across all components.
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