Indonesia’s January domestic car sales growth at 3.2 pct y/y

17-Feb-2012 Intellasia | Reuters | 7:01 AM Print This Post

Indonesia’s domestic car sales, an indicator of private consumption in Southeast Asia’s top economy, rose 3.2 percent year-on-year in January, data from the Indonesia Automotive Manufacturer Industry (Gaikindo) showed on Wednesday.

The rise represented a slowing down of growth after sales rebounded to a 14.7 percent rise in December from a fall in November.

According to the association, sales in January were at 76,370 cars, compared to 73,987 cars last year, and were led by Toyota, Daihatsu, and Mitsubishi.

Domestic car sales, supported by the lowest ever interest rates and growing middle class, fell 2.3 percent year-on-year in November as floods in Thailand hurt regional production.

Below is sales volume of domestic cars with revisions, according to Gaikindo:

 Month  Volume      m/m    y/y
        (cars)             
 Jan    76,370       -4.9   3.2                          
 Dec    80,325       18.7  14.7
 Nov    67,655      -21.6  -2.3
 Oct    86,345        8.2  24.8
 Sep    79,832        8.9  62.4
 Aug    73,279      -17.7  13.2
 Jul    89,056       26.9  23.5
 Jun    70,154       14.9  -0.3
 May    61,053        0.5   0.9
 Apr    60,726      -26.1  -6.9
 Mar    82,163       18.1  25.3
 Feb    69,589       -5.9  25.0
 Jan    73,987        5.6  40.0 

http://www.reuters.com/article/2012/02/15/indonesia-economy-auto-idUSJ9E7IC05720120215

 


Category: Indonesia

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