Wednesday, December 11, 2013

Indonesia's motorbike sales growth slows in Nov to 10.6 pct y/y

Motorbike sales in November rose 10.6 percent from a year ago, compared with a 14 percent annual increase in the previous month. The number of motorbikes purchased in November was 687,329, or 3.8 percent fewer than bought in October. (Source: Reuters). It needs to be seen if the slowdown is only because of the increase in the interest rate or if this is an indication of slowing economy. 

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