Indonesia May motorbike sales up 15.2% yoy
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Motorcycle sales in Indonesia rose 15.2% in May from a year earlier, data from an industry association showed on Monday.
These sales are also the highest growth rate since August 2014.
Sales stood at 531,496 motorbikes in May, up from 461,506 sold in the year-ago period.
It was also higher than the 388,045 bikes sold in April. Motorbikes are hugely popular in Southeast Asia’s biggest economy and their sales are a key indicator of consumption.
Sales in May were led by Honda Motor , Yamaha Motor Co Ltd and Suzuki, data showed.
Questions & Answers
Q.What was the exact number of motorbikes sold in Indonesia during May?
What was the exact number of motorbikes sold in Indonesia during May?
In May, Indonesian motorcycle sales reached 531,496 units. This figure represents an increase from the 461,506 motorbikes sold in the same month last year, demonstrating significant growth.
Q.How do May's sales compare to the previous month, April?
How do May's sales compare to the previous month, April?
May's motorbike sales of 531,496 units were higher than the 388,045 bikes sold in April. This indicates a month-on-month increase in the number of motorcycles sold.
Q.Which specific brands were identified as leading motorbike sales in May?
Which specific brands were identified as leading motorbike sales in May?
Sales in May were primarily led by Honda Motor, Yamaha Motor Co Ltd, and Suzuki. These companies were noted as the top performers in the Indonesian motorbike market during that period.
Q.When was the last time Indonesia saw a higher growth rate in motorbike sales?
When was the last time Indonesia saw a higher growth rate in motorbike sales?
The 15.2% year-on-year growth rate recorded for May motorbike sales is the highest since August 2014. This indicates a significant upturn in the market not seen for several years.
Reader pulse
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