Indonesia July motorbike sales up 29 percent yr/yr

Newswire

JAKARTA, Aug 18 (Reuters) - Indonesian motorcycle sales jumped 28.9 percent in July compared to the same month last year, data from the country's largest automotive distributor, PT Astra International Tbk, showed on Wednesday. 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 hit in the late 1990s. July sales rose to ...

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