JAKARTA, March 13 (Xinhua) -- Indonesia's motorbike sales, a barometer for buying power of middle-and low income groups in the country, accelerated at a faster pace in February, the motorcycle industry association revealed here on Wednesday.
Data from the association unveiled that the motorcycle sales logged 21 percent growth to 531,824 units in February year-over-year.
Head of commerce of the association Sigit Kumala has said that economic stability along with relatively stable rupiah value against the greenback is among the factors contributes to the growth.
The annual core inflation, stripping off administered prices and volatile food prices, steady at 3.06 percent in February, according to data from the national statistics bureau.
The association expects the country's motorbike sales will touch 6.3 million units by the end of 2019.
