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Ramadan And Eid 2025 May Not Boost Indonesia's Economy

A woman carries goods on her head in Jakarta, Indonesia, on March 13, 2025. According to the Institute for Development of Economics and Finance (INDEF), Ramadan and Eid in March 2025 are predicted to be insufficient to push the economic growth of the first quarter (Q1) of 2025 above 5 percent due to the deflationary situation over the past two months, caused by low purchasing power. (Photo by Afriadi Hikmal/NurPhoto)

Photo Details

Photo ID	#12154077
Date Taken	13 March 2025
Location	N/A
Photographer	Afriadi Hikmal/NurPhoto
Category	Economy, Business and Finance
Copyright	© 2025 NurPhoto - Afriadi Hikmal/NurPhoto

Related Keywords

Jakarta Indonesia March 2025 woman carrying goods head Institute for Development of Economics and Finance INDEF Ramadan Eid economic growth first quarter Q1 deflationary situation low purchasing power economic prediction insufficient growth 5 percent deflation past two months photo Afriadi Hikmal NurPhoto finance economy development goods head-carrying economic analysis consumer spending March economic impact holiday season financial forecast.

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