{
    "success": true,
    "data": {
        "id": 1727637,
        "msgid": "bi-records-14-3-growth-in-primary-money-in-april-2026-1778291528",
        "date": "2026-05-09 07:45:24",
        "title": "BI Records 14.3% Growth in Primary Money in April 2026",
        "author": "",
        "source": "CNBC",
        "tags": "",
        "topic": "Finance",
        "summary": "Bank Indonesia reported that adjusted primary money (M0) grew by 14.3% year-on-year to Rp2,232.2 trillion in April 2026, a slowdown from 16.8% in March, driven by a 21.6% rise in bank giro deposits and 14.6% growth in circulating currency. This moderation in liquidity growth occurs amid global pressures and rupiah volatility, with the adjusted M0 metric refined since January 2025 to better reflect banking liquidity and monetary policy transmission. The data underscores a more cautious economic environment as BI monitors financial stability.",
        "content": "<p>Bank Indonesia (BI) reported that adjusted primary money or base\nmoney (M0) in April 2026 grew 14.3% year-on-year (yoy) to Rp2,232.2\ntrillion. Although still recording double-digit growth, the pace has\nbegun to slow compared to March 2026, which grew 16.8% yoy.<\/p>\n<p>BI explained that the growth in primary money was driven by a 21.6%\nyoy increase in adjusted current account deposits of commercial banks at\nBI, as well as 14.6% yoy growth in circulating currency.<\/p>\n<p>\u201cBased on the factors influencing it, the growth of M0 adjusted has\ntaken into account the impact of liquidity incentive provision,\u201d BI\nstated in its press release on Friday (8\/5\/2026).<\/p>\n<p>Nevertheless, the slowdown in primary money growth indicates that\nliquidity is starting to move more moderately compared to the previous\nmonth, amid domestic financial market conditions still overshadowed by\nglobal pressures and rupiah volatility.<\/p>\n<p>For information, primary money or M0 is the most liquid money\ncirculating in the economy. Primary money includes currency held by the\npublic as well as current account deposits of commercial banks at Bank\nIndonesia.<\/p>\n<p>The term M0 adjusted is used by BI to describe the development of\nprimary money that has been adjusted for the impact of liquidity\nincentives provided by the central bank. Since January 2025, BI has\nchanged the calculation method for M0 adjusted so that banking liquidity\nconditions and monetary policy transmission can be read more\naccurately.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/bi-records-14-3-growth-in-primary-money-in-april-2026-1778291528",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}