FW: RHB | Malaysia | M3 Strongest In More Than Two Years

 

 

 

 

Economic Research			2 October 2017
Malaysia
Economic Update
M3 Strongest In More Than Two Years   The growth in broad money supply, or M3, picked up to 5.3% YoY in August as demand for funds for external operations and from government operations picked up. We envisage M3 growth to pick up to 5% in 2017 from 2016’s 3% (2015: 2.6%), in line with a stronger forecast economic growth. Loans growth would likely pick up to 5.7% in 2017 (2016: 5.3%) on higher business loans due to an uptick in economic activity.   Economist:  Vincent Loo Yeong Hong  | +603 9280 2172 Economist:  Aris Nazman Maslan  | +603 9280 2184
To access our recent reports please click on the links below:   27 Sep : Budget 2018 Expectations: Shaping The Future Of Malaysia 20 Sep : Higher Fuel Prices Push Up Inflation 11 Sep : Strongest Industrial Activity In Eight Months 08 Sep : BNM To Maintain Rates Till Year End 07 Sep : Forex Reserves Surpasses The USD100bn Level
Economics Team
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
Ng Kee Chou	Singapore, Thailand	ng.kee.chou@rhbgroup.com		+603 9280 2179
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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