UGM Economist Highlights Drivers Behind Declining Purchasing Power

Downgrading, or shifting consumption choices toward cheaper goods and services, has recently become widely discussed. This is reflected in lifestyle changes, reduced consumption, and adjustments in asset ownership as incomes remain relatively stagnant while needs continue to rise. Recent economic uncertainty has prompted some people to change their consumption patterns, from replacing vehicles with cheaper […] Artikel UGM Economist Highlights Drivers Behind Declining Purchasing Power pertama kali tampil pada Universitas Gadjah Mada .