Indonesian Vehicle Sales Decline
New vehicle sales in Indonesia fell by 15% in September 2025, with 62,071 units sold compared to 73,108 units in the same month last year.
According to data from the local automotive industry association Gaikindo, market sentiment remains weak, with fewer consumers committing to purchases of durable goods.
The country's GDP growth accelerated to 5.1% year-on-year in the second quarter, driven by stronger investment activity and exports.
Bank Indonesia has cut its benchmark interest rate to 4.75%, down from 6.25% a year earlier, in an effort to boost consumer spending.
Central bank continues to cut interest rates to help drive up consumer spending.
Author's summary: Indonesia's vehicle sales fell 15% in September 2025.