Automotive Embedded Options

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Moreover, these sponsored gas worth reforms also caused accelerated inflation as a end result of second-round effects (hence curbing Indonesians’ purchasing power further) as costs of various merchandise rose due to higher transportation costs. Lastly, the weak rupiah (which had been weakening since mid-2013 amid the US taper tantrum) made imports more expensive. Given that many automobile components still need to be imported therefore elevating manufacturing costs for Indonesian automotive producers, …