Thursday, November 10, 2016

Indonesia October motorbike sales fall 5.3 pct y/y

JAKARTA, Nov 11 (Reuters) - Motorcycle sales in Indonesia

fell 5.3 percent in October from a year earlier, data from an

industry association showed on Friday.

Motorbike sales stood at 571,201 units in October, down from

602,882 units sold in the same month last year, but higher than

the 555,820 units sold in September.

On a monthly basis, sales were up 2.8 percent.

Motorcycles are hugely popular in Southeast Asia's biggest

economy and their sales are a key indicator of consumption.

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