Indonesia Aug motorbike sales up 31.5 percent y/y

Newswire

JAKARTA, Sept 27 (Reuters) - Indonesian motorcycle sales jumped 31.5 percent in August compared to the same month last year, data from an industry association showed on Monday. Motorcycle sales are a key gauge of Indonesia's private consumption, which represents around 69 percent of the country's gross domestic product, and has been its main economic growth driver since the Asian financial crisis in 1997/1998. The data, distributed by the country's largest automotive retailer, PT Astra ...

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