FX.co ★ Indonesia’s Car Sales Growth Cools Sharply to 10.10% in October YoY

Indonesia’s car market showed a marked slowdown in October, with year-over-year growth in car sales easing to 10.10%, according to the latest data updated on 9 November 2026. The indicator, which measures the change in sales compared with the same month a year earlier, underscores a significant cooling from the previously recorded 28.10% year-on-year increase.

Both the current and previous readings refer to October 2026, but they capture different comparison bases. The current 10.10% figure reflects October’s car sales versus October a year ago, while the earlier 28.10% indicator represents the previous month’s performance compared to its own year-ago level. The sharp shift suggests that, while Indonesia’s auto sector remains in positive territory, the pace of expansion has moderated considerably, potentially signaling a transition from a rapid rebound phase to more normalized growth in the country’s vehicle market.