Indonesia's new car sales rose 33.3% year on year to 81,115 units in July 2026, the highest monthly level in five months, extending growth to a fourth consecutive month after a 32.9% increase in June, according to the Association of Indonesian Automotive Industries, or Gaikindo. January-July sales increased 18.3% to 437,544 units despite inflationary pressure and higher prices for non-subsidized fuel. The stronger auto data also supported broader market sentiment, with Indonesian shares up 51 points, or 0.8%, to 6,319 in early Wednesday trading, though gains were tempered by Wall Street weakness, caution ahead of the MSCI August 2026 Review and soft domestic retail sales.