BMI View: Indonesia’s consumer electronics market is forecast to grow around 10% in 2013, driven by economic growth and strong demand for smartphones and flat-panel TV sets. BMI has downwardly revised its growth expectation for Indonesia consumer electronics in 2013, as a result of new import regulations introduced in March 2013. However, the consumer story in Indonesia continues to be one of the brightest in the world and Indonesia’s consumer electronics market remains one of the most untapped markets in Asia. In 2012, strong wage growth continued and we expect private consumption to grow by a solid 5.5% in 2013 …
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