Indonesia's August motorbike sales up 41.7 pct y/y

Newswire

JAKARTA, Sept 22 (Reuters) - Motorcycle sales in Indonesia rose 41.7 percent in August from a year earlier as demand stayed robust despite rising interest rates and a weaker currency, data from the country's largest automotive distributor showed. PT Astra International Tbk , controlled by Singapore's Jardine Cycle and Carriage Ltd , said 504,787 units of motorcycles were sold in August, a record high monthly volume. The August figure brought the total sales for the first eight months of ...

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