Consumer Spending Improves in Q3 with Positive Outlook for Q4

Consumer spending on fast moving consumer goods (FMCG) and tech products markedly improved in Q3 to IDR 256 trillion, with the holiday season in Q4 expected to further carry the momentum.

Bisnis, JAKARTA – According to NielsenIQ (NIQ), a global market research firm based in the U.S., consumers in Indonesia spent IDR 256 trillion on fast moving consumer goods (FMCG) and consumer tech in Q3, up by 1.7 percent from Q3 2023.

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