Indonesia May motorbike sales up 15.2% yoy

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.