New Market Research Report: Beauty and Personal Care in Indonesia
In 2014, value sales growth continued to perform at a faster rate than volume. This was mainly underpinned by price increases implemented during the review period as a result of higher costs of raw materials and distribution. Furthermore, the currency exchange rates of the Indonesian rupiah against the US dollar escalated quite significantly during 2014. Manufacturers and distributors therefore had no choice but to increase unit prices of various products to maintain margins. The significant...
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