Monetary Aggregate And Loan Growth Eased To Multi-Year Lows

Economic Research	3 May 2016
Malaysia
Economic Highlights
Monetary Aggregate And Loan Growth Eased To Multi-Year Lows Growth of the broader money supply, M3, moderated to the slowest in at least 18 years of 0.9% y-o-y in March, from +2.7% in February due to decline in external operations and demand for funds by public sector. Moving forward, we expect M3 growth to recover to 4.0%-5.0% in 2016, above +2.7% registered last year, as capital outflows subside. Economist:  Peck Boon Soon  | +603 9280 2163 Economist:  Vincent Loo Yeong Hong  | +603 9280 2172
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