Monday, April 2, 2018

FW: RHB | Indonesia | February M2 Edges Down, Loans Growth Picks Up

 

 

 

 

Economic Research

2 April 2018

Indonesia

 

Economic Update

 

 

 

February M2 Edges Down, Loans Growth Picks Up

 

Indonesia’s broad money supply (M2) growth edged down to 8.3% YoY in February (January: +8.4%) due to a slowdown in net foreign assets. This was in line with the capital outflow during the month. Going forward, however, we expect broad money to pick up pace to 10.4% YoY in 2018 (2017: 8.3%), underpinned by stronger economic growth and the upcoming elections.

 

Economist:

Rizki Fajar| +6221 2970 7065

 

 

To access our recent reports please click on the links below:

23 Mar: BI Continues To Pause In March

16 Mar: February Exports Pick Up While Imports Soften Slightly

1 Mar: Inflation Continues To Moderate In February

1 Mar : January M2 Edges Up, Loans Growth Moderates

19 Feb: BI Continues To Pause In February

19 Feb: Exports, Imports Pick Up In January

 

Economics Team

Arup Raha

Group Chief Economist

arup.raha@rhbgroup.com

+65 6232 3896

Peck Boon Soon

Chief ASEAN Economist

bspeck@rhbgroup.com

+603 9280 2163

Vincent Loo Yeong Hong

Malaysia, Vietnam

vincent.loo@rhgroup.com

+603 9280 2172

Rizki Fajar

Indonesia, Philippines

rizki.fajar@rhbgroup.com

+6221 2970 7065

Aris Nazman Maslan

Malaysia, Vietnam

mohd.aris.nazman@rhbgroup.com

+603 9280 2184

 

 

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