Indonesia’s July motorbike sales rebound, grow 76.4%

Travellers on motorbikes wait to board a ferry to cross the Sunda Strait at the Port of Merak, Cilegon, Banten, Indonesia on June 21, 2017. (Antara Foto/Reuters)

JAKARTA — Motorcycle sales in Indonesia rose 76.4% in July from a year earlier, rebounding from a fall the previous month and the strongest increase in many years, data from an industry association showed on Monday.

Sales contracted 27% in June from a year earlier, during the long Muslim Eid al-Fitr holiday.

Seasonal factors were likely the reason for the bounce in July, as last year’s Eid al-Fitr holiday fell in the same month.

Sales stood at 538,176 motorbikes in July, up from 305,153 sold in the year-ago period.

It was also higher than the 379,467 bikes sold in June.

Motorbikes are hugely popular in Southeast Asia’s biggest economy and their sales are a key indicator of consumption. Sales in July were led by Honda Motor Co Ltd, Yamaha Motor Co Ltd and Suzuki, data showed. 

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