According to the Bank of Korea on September 13, broad money supply (M2) growth decelerated in September. The seasonally adjusted M2 average balance reached 4,283.9 trillion won, rising 0.4% month-over-month, down from 0.9% in August. Year-over-year, M2 growth slowed to 5.5% from 5.6%, marking the third consecutive month of deceleration.

Non-financial enterprises' M2 holdings declined 3.3 trillion won, the first decrease in 11 months. Household and non-profit organizations' M2 increased 12.6 trillion won, the largest gain since November 2024.

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