No.28/235/DKom
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). [1]
More information on statistics concerning broad money as well as relevant analyses are accessible via this link.
Jakarta, 23rd October 2026
Communication Department
Ramdan Denny Prakoso
Executive Director
[1] Disbursed loans are limited to loans and exclude loan-type financial instruments, such as debt securities, banker's acceptances, and repo claims. In addition, disbursed loans also exclude loans disbursed by offshore branches of locally incorporated commercial banks as well as loans extended to the central government and non-residents.
