RHB | Indonesia | Money Supply Eased, Economic Activities Will Likely Remain Soft

Economic Research	09 September 2014
Indonesia
Economic Highlights
Money Supply Eased, Economic Activities Will Likely  Remain Soft Indonesia’s Money Supply (M2) growth eased to 11.0% y-o-y in July, from +13.1% in June, but higher than +10.5% in May. The moderation was due to lower net foreign and domestic assets, as foreign investors were losing appetite in the country’s financial assets, while a further moderation in the net domestic asset was due to the Presidency election. Economist:  Luthfi Ridho  | +6221 2598 6888