Friday, June 1, 2018

FW: RHB | Indonesia | April M2 Edges Down, Loans Growth Picks Up

 

 

 

 

Economic Research

1 June 2018

Indonesia

 

Economic Update

 

 

 

April M2 Edges Down, Loans Growth Picks Up

 

u  Broad money supply (M2) growth continued to edge down to 7.4% YoY in April due to a decline in net foreign assets

 

u  Total loan growth picked up in April to 8.9% YoY from 8.5% in March

 

u  Forex reserves continued to decline to USD124.8bn as at end April, from USD126bn as at end-March

 

 

Economist:

Ahmad Nazmi Idrus  | +603 9280 2179

 

 

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

01 June: A Déjà Vu Moment?

30 May: BI Means Business – another rate rise

18 May: BI Raises Rates On Weakening IDR

16 May: April Trade Balance At a 4-Year Low

07 May: 1Q18 GDP: Net Exports Drag But Investment Performs

02 May: April Inflation Flat; Likely Lower Ahead

 

Economics Team

Arup Raha

Group Chief Economist

arup.raha@rhbgroup.com

+65 6232 3896

Peck Boon Soon

Chief ASEAN Economist

bspeck@rhbgroup.com

+603 9280 2163

Vincent Loo Yeong Hong

Malaysia, Singapore

vincent.loo@rhgroup.com

+603 9280 2172

Ahmad Nazmi Idrus

Indonesia

ahmad.nazmi.idrus@rhbgroup.com

+603 9280 2179

Aris Nazman Maslan

Thailand, Philippines , Vietnam

mohd.aris.nazman@rhbgroup.com

+603 9280 2184

 

 

 

 

 

 

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