Car and Motorcycle Sales in Indonesia Recover in March 2014

Besides logistics, easing inflation and a stable Indonesian rupiah exchange rate were also important factors that explain the recovery in car and motorcycle sales in March 2014. In the months February and March, inflation was low at 0.26 percent and 0.08 percent respectively. Inflation in Southeast Asia's largest economy has moderated from 8.38 percent (yoy) at year-end 2013 to 7.32 percent (yoy) in March 2014. This easing trend is expected to continue in the months ahead. Indonesia's inflation is projected to reach about 5 percent (yoy) by the end of 2014.

Meanwhile, the rupiah - after having depreciated over 21 percent against the US dollar in 2013 - has been one of the best performing emerging currencies in 2014 so far.

Indonesian car sales in the first quarter of 2014 grew 11 percent (yoy) to 328,554 units, about twice as much as overall economic growth in Indonesia.

Based on data provided by the Indonesian Motorcycle Manufacturers Association (AISI), motorcycle sales in the first quarter of 2014 totaled 1.99 million units, up one percent from the same quarter in 2013.

Indonesian Car Sales (CBU):

Month	Sold Cars 2012	Sold Cars 2013	Sold Cars 2014
January	76,427	96,718	103,510
February	86,486	103,279	111,767
March	87,917	95,996	113,277
April	87,144	102,257
May	95,541	99,697
June	101,746	104,268
July	102,511	112,178
August	76,445	77,964
September	102,100	115,973
October	106,754	112,039
November	103,703	111,841
December	89,456	97,694
Total	1,116,230	1,229,904	328,554

	2008	2009	2010	2011	2012	2013	2014¹
Indonesia's Car Sales (number of car units)	607,805	486,061	764,710	894,164	1,116,230	1,229,904	1,250,000
Indonesia's Exports (number of car units)	100,982	56,669	85,769	107,932	173,368	170,907	200,000

^{¹ future forecast
Source: Gaikindo}

Indonesian Motorcycle Sales:

	2011	2012	2013	2014¹
Motorcycle Sales in Indonesia	8,012,540	7,064,457	7,743,879	1,987,267
- Honda	4,273,888	4,088,888	4,696,999	-
- Yamaha	3,136,073	2,423,854	2,492,596	-
- Suzuki	493,095	418,940	393,803	-

^{¹ January-March 2014 motorcycle sales only
Source: Indonesian Motorcycle Industry Association (AISI) and Astra International}

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