As a measure of liquidity in the economy, broad
money (M2) growth was maintained in October 2025. The M2 position in October
2025 was recorded at Rp9,783.1 trillion, with growth of 7.7% (yoy) after
growing 8.0% (yoy) the month earlier. The latest M2 developments were driven by
growth of narrow money (M1) at 11.0% (yoy) and quasi-money at 5.5% (yoy).
M2 developments in October 2025 were influenced by Net Foreign Assets (NFA), disbursed loans, and net claims on central government (NCG). NFA posted 10.4% (yoy) growth in the reporting period, following 12.6% (yoy) growth in September 2025. Growth of disbursed loans in October 2025 stood at 6.9% (yoy) after growing 7.2% (yoy) the month earlier. NCG grew 5.4% (yoy) in the reporting period, following 6.5% (yoy) growth in September 2025.
