2018 AC Market Review
2019-02-03
In 2018, Indonesia recorded gross domestic product (GDP) growth of 5.2%, which was slightly more than the 5.1% growth seen in 2017. However, domestic consumption has not increased. Besides, household electrical appliances in general and room air conditioners (RACs) in particular, have low priority among durable consumer goods, so consumers tend to hold off purchases of RACs.
