RHB | Indonesia | Money Supply Eased in 2014, But Will Likely Improve In 2015

Economic Research	05 February 2015
Indonesia
Economic Highlights
Money Supply Eased in 2014, But Will Likely Improve In 2015 Indonesia’s Money Supply (M2) growth eased to 11.8% y-o-y in December, from +12.7% y-o-y in November and +12.5% in October. The slowdown was due to moderation in both domestic and foreign operations. The former was on account of a slower government fund disbursement due to the postponement of several government projects and the latter was caused by capital outflow in both the bond and equity markets during the month. These were made worse by a slowdown in private credit. Economist:  Luthfi Ridho  | +6221 2598 6888