Malaysia's money supply growth decelerated to 5.2% in June 2024, according to the latest data released on 31 July 2024. This figure marks a notable decrease from the 5.8% growth recorded in May 2024. Both indicators represent year-over-year comparisons to the same month in the previous year.
The reduction in the money supply growth indicates a potential slowdown in the economy's liquidity expansion. Economists are closely monitoring this trend as it could have significant implications for inflation rates and overall economic activity in Malaysia. The central bank might consider these figures when planning monetary policies to balance growth and inflation.
This latest update comes amidst a global economic landscape characterized by varying degrees of post-pandemic recovery and shifting monetary policies. Stakeholders and market participants will be keenly analyzing these developments for any potential ripple effects on Malaysia's economic outlook.
