FutureConsumerAssetEquitiesConsumerThematicresearchBy:SelvianaAripinAugust2021www.research.hsbc.comSPOTLIGHTIndonesiaConsumerSurveyOmnichannellosingitsshineOurlatestproprietaryIndonesiaconsumersurveyrevealsachallengingenvironmentwithincomestilllowerthanpre-pandemiclevelsConsumers’financialsituationisworseningastheystruggletocutnecessaryexpensesUseofe-commerceplatformsisrising,buteffortsbybrick-and-mortarretailerstomorphintoomnichannelplayersarelosingsteamPlayvideowithSelvianaAripinDisclosures&Disclaimer:ThisreportmustbereadwiththedisclosuresandtheanalystcertificationsintheDisclosureappendix,andwiththeDisclaimer,whichformspartofit.MCI(P)028/02/2021MCI(P)0...