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Future Motorcycle Overview New/Used Bikes June 2023

Although the forecast of a domestic recession are proving incorrect as there has been a small growth month-on-month at the back end of last year and into 2023, but with 12 interest rate increases in as many months currently failing to slow inflation and with continuing strikes, even the resilient motorcycle buyers are finding it difficult to have a positive outlook. In the latest MCIA new registration figures for April total registrations are showing decline of 13.1% from April last year.

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