As a measure of liquidity in the economy, broad money growth accelerated in September 2026. M2 growth in September 2026 accelerated to 8.3% (yoy) from 8.2% (yoy) in August 2026, thus reaching a position of Rp10,587.9 trillion. By component, the latest M2 developments were driven by growth of narrow money (M1) at 9.0% (yoy) and quasi-money at 7.3% (yoy).
M2 developments in September 2026 were primarily influenced by net claims on the central government, net foreign assets (NFA), and disbursed loans. Net claims on the Central Government grew by 24.4% (yoy), after contracting by 7.0% (yoy) in August 2026. Net foreign assets grew by 1.0% (yoy) in September 2026, after contracting by 6.6% (yoy) in August 2026. Likewise, loan disbursement grew by 12.7% (yoy), continuing the previous month's growth of 13.3% (yoy).