As a measure of liquidity in the economy, growth of broad money (M2) accelerated in June 2025. Growth of M2 in June 2025 accelerated to 6.5% (yoy) from 4.9% (yoy) in May 2025 thereby recorded at Rp9,597.7 trillion. The M2 developments were driven by growth of narrow money (M1) at 8.0% (yoy) and quasi-money at 4.7% (yoy).

M2 growth in June 2025 was primarily influenced by disbursed loans and Net Foreign Assets (NFA). Disbursed loans in June 2025 grew by 7.6% (yoy) after increasing by 8.1% (yoy) the month earlier. NFA in June 2025 maintained a relatively stable at 3.9% (yoy) compared with growth in May 2025. Meanwhile, net claims on central government (NCG) in June 2025 experienced an 8.2% (yoy) contraction, continuing the 25.7% (yoy) contraction recorded one month earlier.