{
    "success": true,
    "data": {
        "id": 1640088,
        "msgid": "money-supply-growth-in-february-2026-slows-1774687876",
        "date": "2026-03-28 15:16:02",
        "title": "Money Supply Growth in February 2026 Slows",
        "author": "",
        "source": "TEMPO_ID_BISNIS",
        "tags": "",
        "topic": "Finance",
        "summary": "Bank Indonesia reported that the broad money supply (M2) reached Rp10,089.9 trillion in February 2026, reflecting an annual growth of 8.7 per cent, a slowdown from 10 per cent in the previous month. This development was driven by a 14.4 per cent increase in narrow money (M1) and a 3.1 per cent rise in quasi-money, influenced by a 25.6 per cent growth in net claims on the central government and an 8.9 per cent expansion in credit disbursements. Third-party funds mobilised by banks grew by 9.2 per cent to Rp9,449.1 trillion, while credit growth to various sectors, including working capital and consumption, also decelerated, with SME lending contracting by 0.6 per cent, highlighting potential challenges in liquidity and economic momentum.",
        "content": "<p>Bank Indonesia (BI) reported that the liquidity in the economy, or\nthe broad money supply (M2), in February 2026 stood at Rp10,089.9\ntrillion, representing a year-on-year (yoy) growth of 8.7 per cent. This\ngrowth slowed compared to the previous month, which recorded 10 per cent\ngrowth.<\/p>\n<p>Executive Director of the BI Communication Department, Ramdan Denny\nPrakoso, stated that this development was driven by the growth of narrow\nmoney supply (M1) by 14.4 per cent year-on-year (yoy) and quasi-money by\n3.1 per cent. \u201cThe M2 development in February 2026 was mainly influenced\nby net claims on the Central Government and credit disbursements,\u201d he\nsaid in an official statement on Friday, 27 March 2026.<\/p>\n<p>Net claims on the central government grew by 25.6 per cent, an\nincrease from the previous month\u2019s growth of 22.6 per cent. Meanwhile,\ncredit disbursements in February 2026 grew by 8.9 per cent, down from\n10.2 per cent in January.<\/p>\n<p>BI\u2019s published money supply analysis also reported that third-party\nfund mobilisation (DPK) in February 2026 was recorded at Rp9,449.1\ntrillion, or growing by 9.2 per cent. This was a decline from the\nprevious month\u2019s growth of 10.8 per cent.<\/p>\n<p>This growth was driven by increases in demand deposits, savings, and\ntime deposits, which grew by 17.6 per cent, 7.7 per cent, and 3.7 per\ncent respectively, all slowing compared to January 2026 growth.<\/p>\n<p>By customer group, DPK was influenced by corporate DPK growth of 15.9\nper cent, followed by individual DPK growth of 2.4 per cent and other\ncustomer DPK of 7.3 per cent. From the customer side, this growth also\nslowed compared to the previous month.<\/p>\n<p>Credit disbursements also slowed. Based on BI data, bank credit\ndisbursements in February 2026 were recorded at Rp8,420.5 trillion, or\ngrowing by 8.9 per cent. This was down from the January 2026\ndisbursements growth of 10.2 per cent. Credit disbursements to corporate\nand individual debtors both slowed.<\/p>\n<p>By usage, working capital credit (KMK) grew by 3.7 per cent, slowing\nfrom the previous 4.7 per cent. Investment credit remained high at 20\nper cent growth, though down from 22 per cent previously. Consumer\ncredit also slowed from 7.2 per cent to 6.3 per cent. Meanwhile, SME\ncredit disbursements contracted by 0.6 per cent, compared to 0.5 per\ncent growth in January 2026.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/money-supply-growth-in-february-2026-slows-1774687876",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}