Monday, December 4, 2017

FW: RHB | Indonesia | October M2 Growth Edges Down, Loans Pick Up

 

 

Economic Research

4 December 2017

Indonesia

 

Economic Update

 

 

 

October M2 Growth Edges Down, Loans Pick Up

 

 

Indonesia’s money supply (M2) growth edged down to 10.6% YoY in October (September: +10.9%) due to a slowdown in net foreign assets. Going forward, we expect broad money to grow 12.4% in 2018, from an estimate of 11% in 2017.

 

 

Economist:  Rizki Fajar| +6221 2970 7065

 

 

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

17 Nov: BI Continues To Pause In November

16 Nov: October Exports And Imports Accelerated

13 Nov: CAD Narrows In 3Q17, BOP Surplus Surges

07 Nov: Growth Inches Higher In 3Q17 As Government Spending Rebounds

02 Nov: October Inflation Eases

01 Nov: September Loan And M2 Growth Pick Up

27 Oct: 2018 State Budget: Encouraging Investment And Infrastructure For Growth And Equality

 

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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