Sunday, August 14, 2016

Indonesia motorbike sales plunge 27.6 pct y/y in July

JAKARTA, Aug 15 (Reuters) - Motorcycle sales in Indonesia

fell 27.6 percent in July from a year earlier, data from an

industry association showed on Monday.

There were 305,153 motorbike sold in July, down more than 40

percent from the previous month.

The association did not provide a reason, but Indonesia's

one week long holiday for Eid al-Fitr celebration in July may

have affected sales.

Motorcycles are hugely popular in Southeast Asia's biggest

economy and their sales are a key ind

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