• My Account
    • Account details
    • Edit Account
    • Lost password
  • Submit a PR News

No products in the basket.

  • Login
Monday, March 20, 2023
Thailand PR News
  • Banking
  • Companies
  • Economics
  • Lifestyle
No Result
View All Result
Thailand Business PR
  • Banking
  • Companies
  • Economics
  • Lifestyle
Monday, March 20, 2023
No Result
View All Result
Thailand Business PR
No Result
View All Result
Home Economics

Indonesia Vehicle Sales To Experience Another Year Of Double-Digit Growth

Fitch Solutions by Fitch Solutions
June 12, 2022
in Economics
Reading Time: 1 min read
A A
0
Asia Autos: Slow Down In China To Drag Regional Sales Growth Lower In 2022

Key View

  • Indonesian vehicle sales will experience yet another year of double-digit growth in 2022 following a strong rebound in sales in 2021 as economic growth momentum spurred by rising commodity prices and private consumption raises demand for new vehicle.
  • Demand for passenger vehicles (PVs) will be supported by the extension of the Sales Tax on Luxury Goods (PPnBM) suspension on new vehicles, which was first introduced in 2021 to stimulate demand for new PVs and favourable borrowing rates as Bank Indonesia sustains accommodative monetary policy.
  • Commercial vehicle (CV) sales will be underpinned by rising construction activity, an expanding small and medium enterprise sector and rising commodity prices.

Read More

RelatedPosts

Outlook Quarter 1/2023

Thai exports continued to be worrisome in November following 2 consecutive months of sharp declines.

SCB EIC expects stronger CLMV economic growth in 2023, despite a global economic slowdown

Previous Post

go! WOW, variety store for daily needs, launches the first 2 standalone stores in community areas…

Next Post

Nurturing Indonesia’s rising technology leaders

Fitch Solutions

Fitch Solutions

Related Posts

Outlook Quarter 1/2023

Outlook Quarter 1/2023

March 17, 2023

Thai exports continued to be worrisome in November following 2 consecutive months of sharp declines.

March 8, 2023
SCB EIC expects stronger CLMV economic growth in 2023, despite a global economic slowdown, yet remains below its pre-pan...

SCB EIC expects stronger CLMV economic growth in 2023, despite a global economic slowdown

March 4, 2023
Next Post
Nurturing Indonesia’s rising technology leaders

Nurturing Indonesia’s rising technology leaders

  • Thailand PR News
  • News
  • My account
  • Privacy Policy
  • Cart
  • Contact Us
  • Submit a PR News
  • 泰国公关新闻
  • ไทย
  • English
  • 中文 (中国)

© 2022 Siam News Network - Thailand Business News and advertising Network. Powered by VLoss.

No Result
View All Result
  • Homepage

© 2022 Siam News Network - Thailand Business News and advertising Network. Powered by VLoss.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In