August 21, 2017 / 9:35 AM / 3 months ago

Indonesia's July car sales rebound 37 pct y/y

    JAKARTA, Aug 21 (Reuters) - Car sales in Indonesia rebounded
37.2 percent in July from a year earlier, according to PT Astra
International Tbk citing data released by the automotive
industry association on Monday.
    Automakers sold 84,905 vehicles in July, the data showed.
    On a monthly basis, car sales were also up 27.9 percent from
June.
    PT Astra International is an Indonesia-based firm primarily
engaged in the automobile business.
    Sales contracted almost 28 percent 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.
    Following is a table of auto sales in 2016-2017, based on
data from Gaikindo:
        
   Month     Volume      m/m       y/y
                       (in pct)  (in pct)
 2017*                           
 July          84,905     +27.9     +37.2
 June          66,370     -29.5     -27.5
 May           94,091      +5.0      +6.2
 April         89,623     -12.5      +5.7
 March        102,336      +7.5      +8.8
 February      95,159     +10.2      +7.9
 January       86,324      -0.6      +1.6
 2016*                           
 December      86,887     -13.6     +18.2
 November     100,862      +8.8     +15.3
 October       92,139      -0.5      +4.2
 September     92,541      -3.9      -0.5
 August        96,282     +55.6      +6.3
 July          61,891     -32.4     +11.3
 June          91,488      +3.3     +11.3
 May           88,567      +4.5     +11.6
 * Latest data revision as per Gaikindo official website     

 (Reporting by Nilufar Rizki; Editing by Jacqueline Wong)
  

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