Indonesia policy rate holds at 5.75% in October 2026

Indonesia's central bank policy rate stood at 5.75% in October 2026, according to Bank Indonesia. That was the same level as in September 2026, and Housing Market Group's calculation from Bank Indonesia figures puts the change from September 2026 to October 2026 at 0 percentage points. For households and developers watching borrowing conditions, the October reading shows no movement in the benchmark that sits behind much of the country's lending.

Looking further back, the rate has been steady. Bank Indonesia's figures show the policy rate at 5.75% in August 2026, in July 2026 and in June 2026 as well. In every month from June 2026 through October 2026, the rate stayed at the same setting. The signal on the cost of money from the central bank has therefore remained flat through the middle and later part of the year, rather than moving up or down.

Compared with other economies, Indonesia's rate sits at a higher level. In Malaysia, the policy rate was 2.75% in October 2026, according to Bank Negara Malaysia, and HMG's calculation from those figures shows a change of 0 percentage points from October 2025 to October 2026. Malaysia, like Indonesia, has therefore seen a stable setting, though at a lower level than the 5.75% reported by Bank Indonesia.

Elsewhere, the picture is more varied. The Bank of Canada's policy rate was 2.5% in October 2026, and HMG's calculation shows it rose by 0.25 percentage points between October 2025 and October 2026. Germany's rate, as reported by the Deutsche Bundesbank, was also 2.5% in October 2026, up 0.5 percentage points over the year to October 2026 according to HMG's calculation. The United Kingdom moved the other way: the Bank of England's rate was 3.75% in October 2026, having fallen by 0.25 percentage points from October 2025, based on HMG's calculation from Bank of England figures.

Taken together, these figures show Indonesia holding its benchmark rate steady while some other central banks changed theirs over the year to October 2026, with increases in Canada and Germany and a reduction in the United Kingdom. Indonesia's 5.75% was above the rate recorded in each of the other economies in this comparison in October 2026. HMG platform data on property search demand or listings in Indonesia is not available for this period, so this article does not assess how housing activity has responded to the unchanged rate.

For readers following Indonesia's property market, the main feature of the October 2026 data is continuity. The policy rate published by Bank Indonesia has held at the same level in each month shown from June 2026 onward, and the change from September 2026 to October 2026 was 0 percentage points. Judging what this means for mortgage pricing or housing demand would require further data beyond the central bank figures described here.