M3 Money Supply (YoY)

M3 is a measure of money supply that is released by the European Central Bank. It calculates all currency in circulation, bank deposits, repurchase agreements, debt securities up to 2 years and the value of money market shares. It is considered as an important indicator of inflation, as monetary expansion adds pressure to the exchange rate. Usually an acceleration of the M3 money is considered as positive, or bullish for the EUR, whereas a decline.

Most recent - Tuesday 29 April 2025 08:00

Previous
4%
Revised
-
Forecast
4.1%
Actual
3.6%

Lower numbers than forecast tend to be bullish for xxx/EUR pairs and bearish for EUR/xxx pairs.

Trading range

Forecast history

The most recent announced value for M3 Money Supply (YoY) was 3.6% against a forecast of 4.1%.

Past events

Date
Forecast
Actual
Tuesday 29 April 2025 08:00
4.1%
3.6%
Thursday 27 March 2025 09:00
3.8%
4%
Thursday 27 February 2025 09:00
3.8%
3.6%
Wednesday 29 January 2025 09:00
3.8%
3.5%
Thursday 2 January 2025 09:00
3.5%
3.8%
Thursday 28 November 2024 09:00
3.4%
3.4%
Friday 25 October 2024 08:00
3%
3.2%
Thursday 26 September 2024 08:00
2.6%
2.9%
Wednesday 28 August 2024 08:00
2.7%
2.3%
Thursday 25 July 2024 08:00
1.8%
2.2%
Thursday 27 June 2024 08:00
1.5%
1.6%
Wednesday 29 May 2024 08:00
1.3%
1.3%
Friday 26 April 2024 08:00
0.5%
0.9%
Thursday 28 March 2024 09:00
0.3%
0.4%
Tuesday 27 February 2024 09:00
0.3%
0.1%
Friday 26 January 2024 09:00
-0.7%
0.1%
Tuesday 2 January 2024 09:00
-1%
-0.9%
Tuesday 28 November 2023 09:00
-0.9%
-1%
Wednesday 25 October 2023 08:00
-1.7%
-1.2%
Wednesday 27 September 2023 08:00
-1%
-1.3%
Monday 28 August 2023 08:00
0%
-0.4%
Wednesday 26 July 2023 08:00
1%
0.6%
Wednesday 28 June 2023 08:00
1.5%
1.4%
Tuesday 30 May 2023 08:00
2.1%
1.9%
Tuesday 2 May 2023 08:00
2.5%
2.5%
Monday 27 March 2023 08:00
3.2%
2.9%
Monday 27 February 2023 09:00
3.9%
3.5%
Friday 27 January 2023 09:00
4.6%
4.1%
Thursday 29 December 2022 09:00
4.1%
4.8%
Monday 28 November 2022 09:00
6.2%
5.1%
Wednesday 26 October 2022 08:00
6.1%
6.3%
Tuesday 27 September 2022 08:00
5.4%
6.1%
Friday 26 August 2022 08:00
5.6%
5.5%
Wednesday 27 July 2022 08:00
5.4%
5.7%
Wednesday 29 June 2022 08:00
5.8%
5.6%
Friday 27 May 2022 08:00
6.3%
6%

Economic context

Recent economic data has been broadly neutral for EUR. Other recent announcements which may affect the market's interpretation of the next M3 Money Supply (YoY) result:

PreviousLatest
Industrial Production n.s.a. w.d.a. (YoY)Bullish change-4.1%-0.2%
Industrial Production s.a. (MoM)Bullish change-1.3%3%
Trade Balance s.a.Bullish change€17.9B€21.1B
Retail Sales (MoM)Bearish change0.2%-0.1%
Retail Sales (YoY)Bearish change1.9%1.5%
Factory Orders n.s.a. (YoY)Bullish change-0.2%3.8%
Factory Orders s.a. (MoM)Bullish change0%3.6%
Producer Price Index (MoM)Bearish change0.2%-1.6%
Producer Price Index (YoY)Bearish change3%1.9%
HCOB Composite PMIBullish change50.150.4
HCOB Composite PMIBullish change49.750.1
HCOB Services PMIBullish change48.849
HCOB Services PMIBearish change54.753.4
Sentix Investor ConfidenceBullish change-19.5-8.1
Core Harmonized Index of Consumer Prices (MoM)(no change)1%1%
Core Harmonized Index of Consumer Prices (YoY)Bullish change2.4%2.7%
Harmonized Index of Consumer Prices (MoM)(no change)0.6%0.6%
Harmonized Index of Consumer Prices (YoY)(no change)2.2%2.2%
Unemployment Rate(no change)6.2%6.2%
HCOB Manufacturing PMIBullish change4848.4
HCOB Manufacturing PMIBullish change46.649.3
HCOB Manufacturing PMIBearish change49.548.1
Consumer Price Index (MoM)Bullish change0.3%0.4%
Consumer Price Index (YoY)Bearish change2.2%2.1%
Harmonized Index of Consumer Prices (MoM)Bullish change0.4%0.5%
Harmonized Index of Consumer Prices (YoY)Bearish change2.3%2.2%
Gross Domestic Product s.a. (QoQ)Bullish change0.2%0.4%
Gross Domestic Product s.a. (YoY)(no change)1.2%1.2%
Consumer Price Index (EU Norm) (YoY)(no change)2.1%2.1%
Consumer Price Index (YoY)Bullish change1.9%2%
Gross Domestic Product (QoQ)Bullish change-0.2%0.2%
Gross Domestic Product (YoY)(no change)-0.2%-0.2%
Gross Domestic Product w.d.a (YoY)(no change)-0.4%-0.4%
Gross Domestic Product (QoQ)Bullish change0.2%0.3%
Gross Domestic Product (YoY)Bullish change0.5%0.6%
Unemployment ChangeBullish change26K4K
Unemployment Rate s.a.(no change)6.3%6.3%
Consumer Price Index (EU norm) (YoY)Bearish change0.9%0.8%
Gross Domestic Product (QoQ)Bullish change-0.1%0.1%
Retail Sales (MoM)Bearish change0.2%-0.2%
Retail Sales (YoY)Bearish change4.3%2.2%
Business ClimateBullish change-0.72-0.67
Consumer Confidence(no change)-16.7-16.7
Economic Sentiment IndicatorBearish change9593.6
Gross Domestic Product - Estimated (QoQ)Bearish change0.8%0.6%
Harmonized Index of Consumer Prices (YoY)(no change)2.2%2.2%
GfK Consumer Confidence SurveyBullish change-24.3-20.6

About M3 Money Supply (YoY)

Country:Eurozone
Currency:EUR
Source:European Central Bank
Category:Capital Flows
Frequency:Monthly
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