Wednesday, May 3, 2017

M3 Moderates, Loan Growth Continues At Robust Pace

Economic Research
3 May 2017
Philippines

Economic Update




The Philippines’ broad money supply (M3) growth ticked down in March, which was attributed to a slowdown in net foreign assets and domestic claims. Going forward, we expect broad money to grow at a more moderate pace of 10% in 2017, in line with projected softer economic growth.


Economist:  Rizki Fajar  | +6221 2970 7065

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