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Economic
Research
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05 February 2015
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Indonesia
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Economic
Highlights
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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.
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Thursday, February 5, 2015
RHB | Indonesia | Money Supply Eased in 2014, But Will Likely Improve In 2015
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