New vehicle sales in Indonesia fell by 12.2% to 101,801 units in September, compared with a monthly record of 115,921 units a year earlier, according to data released by industry association, Gaikindo.

The vehicle market is struggling to maintain the recent growth momentum, with economic growth moderating, higher interest rates this year and a degree of policy uncertainty following the recent presidential elections.

Cumulative nine-month sales increased by 2.8% to 933,311 units, from 908,330 units a year earlier.

The association remains optimistic full-year sales will exceed 1.25m units, with last month's motor show in Jakarta generating 19,367 new car orders.