Indonesians splurge on Eid holidays after Covid-19 restrictions lifted

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JAKARTA - Ms Ayu, 31, is ready to spend two years' worth of savings when she joins millions of Indonesians to travel home and freely celebrate Eid al-Fitr for the first time since the pandemic.

JAKARTA - Ms Ayu, 31, is ready to spend two years' worth of savings when she joins millions of Indonesians to travel home and freely celebrate Eid al-Fitr for the first time since the pandemic.She has spared no expense, buying new clothes and traditional prayer garb known as"mukena" for herself and her family.Like Ms Ayu, Indonesians are splurging on everything from food and clothes to cars and hotel stays to mark the end of the fasting month of Ramadan.

Indonesia will announce its first-quarter GDP figures on May 9, with a finance ministry official saying it could come in above 5 per cent., the seasonal uptick in spending is a welcome boost, especially as some economists expect further fuel price hikes to be rolled out after the holidays. The transport sector is set to be a major beneficiary when about 85 million people head to the provinces over the coming week - making it one of the world's largest annual migrations.More On This TopicThe state-owned toll operator said more than half a million cars left the capital Jakarta on April 22-25 to beat the upcoming rush where bumper-to-bumper traffic will typically last for hours.

 

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