Indonesia’s money supply rises 17.8 pct yr/yr in Aug

Broad money supply (M2) in Indonesia rose 17.8 percent in August from a year earlier, a slower pace for a second consecutive month, data from Bank Indonesia showed on Thursday.

According to the data, August money supply increased 1.1 percent on a monthly basis to 3,089.01 trillion rupiah ($322.04 billion), versus 3,054.84 trillion rupiah a month ago.

Broad money supply is one indicator of inflation in Southeast Asia’s biggest economy.

Following is a table of the latest Indonesian money supply figures in trillions of rupiah, according to the central bank’s website:

                         August 2011   July 2012  August 2012 

   M2 (broad money)         2,621.35   3,054.84  3,089.01 

   M1 (narrow money)          662.81     771.79  772.43 

   Rupiah demand deposits     338.08     456.42  445.37 

   Quasi money              1,943.77   2,270.11  2,304.47 

Annual inflation in September slowed to 4.31 percent from 4.58 percent in August, as food prices eased after the Eid al-Fitr Muslim festival in August.

Later on Thursday, Bank Indonesia has a policy meeting. A Reuters poll shows economists expect the rate to be kept at 5.75 percent for an eighth consecutive month.

http://www.reuters.com/article/2012/10/11/indonesia-economy-money-idUSJ9E8FA02E20121011

 

Category: Health