Business · Economy · 4 hrs ago
Indonesia's Broad Money Supply Grew 8.3% in September
Bank Indonesia said Indonesia's broad money supply reached Rp10,587.9 trillion in September 2026.
That was 8.3% higher than a year earlier, up slightly from 8.2% growth in August.
Broad money includes narrow money, such as cash and readily available deposits, as well as quasi-money.
The increase was supported by 9% growth in narrow money and 7.3% growth in quasi-money.
Net claims on the central government rose 24.4%, reversing a 7% fall in August, while net foreign assets also returned to growth.
Bank lending continued to expand but slowed to 12.7% from 13.3%, so credit growth remained positive but weaker.
The figures show the overall money supply growing a little faster, and no further steps were specified.
Bank Indonesia said Indonesia’s broad money supply, or M2, reached Rp10,587.9 trillion in September 2026.
M2 grew 8.3% year on year, up from 8.2% in August.
Narrow money, or M1, grew 9.0%, while quasi-money grew 7.3%.
Net claims on the central government and net foreign assets grew after contracting in August.
Bank lending grew 12.7%, slower than the 13.3% growth recorded in August.
- Who
- Bank Indonesia reported the figures.
- What
- Broad money, or M2, reached Rp10,587.9 trillion, growing 8.3% year on year.
- When
- September 2026.
- Where
- Indonesia.
- Why
- Growth was supported by increases in M1 and quasi-money, and influenced by net claims on the central government, net foreign assets and lending.
This story does not have two clearly opposing sides.
M2 growth was 8.2%, net claims on the central government contracted 7.0%, net foreign assets contracted 6.6%, and lending grew 13.3%.
M2 reached Rp10,587.9 trillion and grew 8.3% year on year.
Bank Indonesia’s September money-supply figures were reported by Warta Ekonomi and Kompas.com.
- M2
- Rp10,587.9 trillion in September 2026
- M2 growth
- 8.3% year on year
- M1 growth
- 9.0% year on year
- Quasi-money growth
- 7.3% year on year
- Bank lending growth
- 12.7% year on year in September 2026
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What people are saying
The development was driven by 9.0 percent year-on-year growth in narrow money (M1) and 7.3 percent year-on-year growth in quasi-money.