Declining Eid travel and spending dampen holiday spirit as soaring prices hit Indonesia
JAKARTA, Indonesia (AP) — The usual festive mood of Eid al-Fitr holiday to mark the end of the Islamic holy month of Ramadan has been subdued in Indonesia this year as people grapple with soaring prices for food, clothing and essential goods. Consumer spending ahead of the biggest religious holiday for Muslims, which was celebrated on Sunday in Indonesia, has declined compared to the previous year, with a predicted slowdown in cash circulation due to fewer travelers. Each year in Indonesia,...
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