According to the latest data updated on 29 February 2024, Malaysia's money supply indicator remained steady at 6% in January 2024. This figure indicates the change in the amount of money circulating in the country compared to the same month a year ago.
The previous indicator for December 2023 also stood at 6%, showing continuity in the stability of Malaysia's money supply. This information signifies consistency in the country's monetary policies and economic environment over the past year.
With Malaysia's money supply maintaining its growth rate, it suggests a steady flow of funds within the economy, which can impact various sectors such as consumption, investment, and overall economic activity. As the country continues to monitor and manage its money supply, it will be interesting to see how this stability influences Malaysia's economic performance in the coming months.
