FX.co ★ Indonesia’s Car Sales Growth Slumps to 14% in May, Down Sharply from April’s 55% Surge

Indonesia’s car sales growth cooled dramatically in May 2026, with year-over-year expansion slowing to 14.00%, down from a robust 55.00% in April 2026. The latest data, updated on 10 June 2026, underline a marked deceleration in momentum after a strong start to the second quarter.

Both figures reflect year-over-year comparisons, measuring how sales in each month performed against the same month a year earlier. April’s 55.00% indicated a powerful rebound effect versus April 2025, while May’s 14.00% suggests that, although the market is still growing compared with May 2025, the pace has weakened considerably.

The shift from 55.00% to 14.00% may signal that earlier drivers of demand—such as deferred purchases or temporary incentives—are fading, bringing growth back to more moderate levels. Market participants will be watching upcoming releases closely to see whether May’s slowdown marks a new trend or a one-off adjustment after April’s exceptional spike.