Economic Research | 2 May 2018 | |||
Malaysia | ||||
Economic Update | ||||
M3 Growth Jumps In March On Foreign Demand The growth in broad money supply or M3 accelerated to 5.9% YoY in Mar 2018, following a slight uptick in Feb 2018, as demand for funds from foreign operations increased. We envisage M3 growth to pick up to 5% in 2018, from 4.7% in 2017, in line with sustained economic growth. Similarly, loans growth would likely gain pace to register a healthy growth of 5.2% in 2018, from 4.1% in 2017 (2016: 5.3%), on higher business loans due to robust economic activity. Economist: Vincent Loo Yeong Hong | +603 9280 2172 | ||||
To access our recent reports please click on the links below: 18 Apr: Inflation Inches Lower In March 18 Apr: 1Q18 Business Confidence Slips Below Threshold 16 Apr: Government Promises Pay Hike For Civil Servants 12 Apr: February’s Industrial Activity Slows On Export Drag 09 Apr: Forex Reserves Inch Up To USD107.8bn In March 06 Apr: Exports Plunges In February Amid Festive Holidays | ||||
Economics Team | ||||
Arup Raha | Group Chief Economist | +65 6232 3896 | ||
Peck Boon Soon | Chief ASEAN Economist | +603 9280 2163 | ||
Vincent Loo Yeong Hong | Malaysia, Vietnam, | +603 9280 2172 | ||
Ahmad Nazmi Idrus | Singapore | +603 9280 2179 | ||
Rizki Fajar | Indonesia, Philippines | +6221 2970 7065 | ||
Aris Nazman Maslan | Malaysia, Vietnam | +603 9280 2184 | ||
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