Economic Research | 2 April 2018 | |||
Malaysia | ||||
Economic Update | ||||
The growth in broad money supply or M3 inched upwards to 4.9% YoY in Feb 2018, following a dip in Jan 2018, as demand for funds from government 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. Economists: Vincent Loo Yeong Hong | +603 9280 2172 | ||||
To access our recent reports please click on the links below: 28 Mar: BNM Annual Report 2017 – Economic Growth Expected To Sustain At a Stellar Pace 21 Mar: Inflation Dips To Its Lowest In 16 Months 20 Mar: Highest Supplementary Budget In Four Years 13 Mar: January’s Industrial Activity Flat Amid Slower Manufacturing 08 Mar : Forex Reserves Stable At MYR103.7bn In February 07 Mar: BNM Pauses After January Hike | ||||
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 | ||
Rizki Fajar | Indonesia, Philippines | +6221 2970 7065 | ||
Aris Nazman Maslan | Malaysia, Vietnam | +603 9280 2184 | ||
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