JAKARTA, Oct 9 (Reuters) - Domestic motorbike sales inIndonesia, Southeast Asia's biggest economy, fell 14 percent inSeptember from a year ago, a smaller drop than August's 36.8percent, industry data showed on Tuesday.
September sales were 620,499 motorbikes, up 44.6 percent ona monthly basis and led by Honda
, YamahaandSuzuki, the data from the Indonesian MotorcycleIndustry Association (AISI) showed.
Falling sales in recent months have come because of a higherdownpayment requirement for auto purchases, implemented by thecentral bank in June. Sales of motorbikes are driven by anemerging middle class, who were previously buying mostly oncredit.
Data on domestic consumption, which makes up around 55percent of growth, is being watched as there are some signs ithas slowed in the third quarter. Indonesia's growth picked upslightly to 6.4 percent in the second quarter this year.
Following is a table of sales volumes, based on AISI data.
Month Volume m/m y/ySep 620,499 44.6 -14.0Aug 429,236 -25.9 -36.8Jul 579,077 7.0 -21.5Jun 541,918 -11.0 -17.7May 611,250 -1.0 -13.5Apr 617,508 -0.35 -12.4Mar 619,678 -7.0 -12.8Feb 666,136 3.1 9.2Jan 645,863 40.2 -2.9Dec 460,535 -28.3 -10.3Nov 642,126 -10.2 -1.8Oct 715,176 -0.9 2.9Sep 721,764 6.3 50.6
(Reporting by Rieka Rahadiana; Editing by Neil Chatterjee)
Keywords: INDONESIA ECONOMY/MOTORBIKES