Broad money (M2) grew at a slower pace of 7.7% YoY to Rp9,783.1 trillion in October 2025, compared to 8.0% YoY in September 2025. By component, M2 developments were driven by narrow money (M1), which recorded a higher growth of 11.0% YoY to Rp5,573.4 trillion, up from 10.7% YoY in September, contributing 57% to M2, while quasi money grew by 5.5% YoY in October 2025. The increase in M1 was mainly supported by rupiah demand deposits, which grew 6.2% YoY in October 2025, up from 5.2% YoY in September 2025. Additionally, M2 growth was influenced by net foreign assets, which increased by 10.4% YoY, credit disbursements, which grew by 6.9% YoY, and net claims on the central government, which increased by 5.4% YoY in October 2025.