"Weak purchasing power"

#13062052

5 December 2025

People wear winter clothing, including two women carrying an UGG branded shopping bag, as they walk along the busy Kaufinger Strasse shopping street adorned with seasonal decorations in the late afternoon in Munich, Bavaria, Germany, on December 5, 2025. Kaufinger Strasse is one of the oldest streets in Munich and a major pedestrian zone, becoming extremely busy during the Christmas shopping season.

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#13062054

5 December 2025

People wear winter clothing, including two women carrying an UGG branded shopping bag, as they walk along the busy Kaufinger Strasse shopping street adorned with seasonal decorations in the late afternoon in Munich, Bavaria, Germany, on December 5, 2025. Kaufinger Strasse is one of the oldest streets in Munich and a major pedestrian zone, becoming extremely busy during the Christmas shopping season.

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#13062055

5 December 2025

People wear winter clothing, including two women carrying an UGG branded shopping bag, as they walk along the busy Kaufinger Strasse shopping street adorned with seasonal decorations in the late afternoon in Munich, Bavaria, Germany, on December 5, 2025. Kaufinger Strasse is one of the oldest streets in Munich and a major pedestrian zone, becoming extremely busy during the Christmas shopping season.

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#13061765

5 December 2025

The entrance facade of the Oberpollinger department store is illuminated with Christmas lights, featuring a large Armani/Prive advertisement, and shoppers enter the main doors in the evening. The store is located in Munich, Bavaria, Germany, on December 5, 2025. Oberpollinger, run by KaDeWe Group GmbH, is a well-known upscale department store on Neuhauser Strasse and is the largest department store in Southern Germany.

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#13061766

5 December 2025

The entrance facade of the Oberpollinger department store is illuminated with Christmas lights, featuring a large Armani/Prive advertisement, and shoppers enter the main doors in the evening. The store is located in Munich, Bavaria, Germany, on December 5, 2025. Oberpollinger, run by KaDeWe Group GmbH, is a well-known upscale department store on Neuhauser Strasse and is the largest department store in Southern Germany.

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#13061767

5 December 2025

The entrance facade of the Oberpollinger department store is illuminated with Christmas lights as shoppers enter the main doors in the evening. The store is located in Munich, Bavaria, Germany, on December 5, 2025. Oberpollinger, run by KaDeWe Group GmbH, is a well-known upscale department store on Neuhauser Strasse and is the largest department store in Southern Germany.

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#13061768

5 December 2025

The entrance facade of the Oberpollinger department store is illuminated with Christmas lights, featuring a large Armani/Prive advertisement, and shoppers enter the main doors in the evening. The store is located in Munich, Bavaria, Germany, on December 5, 2025. Oberpollinger, run by KaDeWe Group GmbH, is a well-known upscale department store on Neuhauser Strasse and is the largest department store in Southern Germany.

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#13061769

5 December 2025

The entrance facade of the Oberpollinger department store is illuminated with Christmas lights as shoppers enter the main doors in the evening. The store is located in Munich, Bavaria, Germany, on December 5, 2025. Oberpollinger, run by KaDeWe Group GmbH, is a well-known upscale department store on Neuhauser Strasse and is the largest department store in Southern Germany.

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#12980566

12 November 2025

A family looks at a large, decorated Christmas window display featuring miniature snowy houses, illuminated trees, and teddy bears. The display is at the Galeria department store in Munich, Bavaria, Germany, on November 11, 2025.

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#12419896

28 May 2025

People take selfies at the Blok M Hub in Jakarta, Indonesia, on May 28, 2025. The government aims to maintain second-quarter (Q2) 2025 economic growth at around 5% by capitalizing on the school holiday momentum in June-July 2025 through the implementation of various economic stimulus measures to sustain public purchasing power and boost domestic consumption. However, according to the Executive Director of the Center of Economic and Law Studies (Celios), the policy is weak as it is unlikely to be well-targeted.

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#12419897

28 May 2025

People are at the Blok M Hub Park in Jakarta, Indonesia, on May 28, 2025. The government aims to maintain second-quarter (Q2) 2025 economic growth at around 5% by capitalizing on the school holiday momentum in June-July 2025 through the implementation of various economic stimulus measures to sustain public purchasing power and boost domestic consumption. However, according to the Executive Director of the Center of Economic and Law Studies (Celios), the policy is weak as it is unlikely to be well-targeted.

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#12419898

28 May 2025

People are at the Blok M Hub in Jakarta, Indonesia, on May 28, 2025. The government aims to maintain second-quarter (Q2) 2025 economic growth at around 5% by capitalizing on the school holiday momentum in June-July 2025 through the implementation of various economic stimulus measures to sustain public purchasing power and boost domestic consumption. However, according to the Executive Director of the Center of Economic and Law Studies (Celios), the policy is weak as it is unlikely to be well-targeted.

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#12419899

28 May 2025

People are at the Blok M Hub in Jakarta, Indonesia, on May 28, 2025. The government aims to maintain second-quarter (Q2) 2025 economic growth at around 5% by capitalizing on the school holiday momentum in June-July 2025 through the implementation of various economic stimulus measures to sustain public purchasing power and boost domestic consumption. However, according to the Executive Director of the Center of Economic and Law Studies (Celios), the policy is weak as it is unlikely to be well-targeted.

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#12419900

28 May 2025

People gather at Blok M Hub in Jakarta, Indonesia, on May 28, 2025. The government aims to maintain second-quarter (Q2) 2025 economic growth at around 5% by capitalizing on the school holiday momentum in June-July 2025 through the implementation of various economic stimulus measures to sustain public purchasing power and boost domestic consumption. However, according to the Executive Director of the Center of Economic and Law Studies (Celios), the policy is weak as it is unlikely to be well-targeted.

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#12419901

28 May 2025

People are on a bus in Jakarta, Indonesia, on May 28, 2025. The government aims to maintain second-quarter (Q2) 2025 economic growth at around 5% by capitalizing on the school holiday momentum in June-July 2025 through the implementation of various economic stimulus measures to sustain public purchasing power and boost domestic consumption. However, according to the Executive Director of the Center of Economic and Law Studies (Celios), the policy is weak as it is unlikely to be well-targeted.

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#12419902

28 May 2025

A coffee vendor operates at a Blok M shopping center in Jakarta, Indonesia, on May 28, 2025. The government aims to maintain second-quarter (Q2) 2025 economic growth at around 5% by capitalizing on the school holiday momentum in June-July 2025 through the implementation of various economic stimulus measures to sustain public purchasing power and boost domestic consumption. However, according to the Executive Director of the Center of Economic and Law Studies (Celios), the policy is weak as it is unlikely to be well-targeted.

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