RHB | Indonesia | Money Supply Stable, Economic Activities Will Likely Be Soft

Economic Research	07 October 2014
Indonesia
Economic Highlights
Money Supply Stable, Economic Activities Will Likely Be Soft Indonesia’s Money Supply (M2) growth held stable at 11.0% y-o-y in August, the same pace as in July, but slower than +13.1% in June. This was due to slower net foreign operation, following capital reversal in the equity market during the month but mitigated by net domestic operation inching up due to higher government fund disbursements. Economist:  Luthfi Ridho  | +6221 2598 6888