HKMA M3 Money Supply y/y represents the total stock of money, bank deposits and deposit certificates held by the entire Hong Kong population, including residents and non-residents. It should be noted that according to the Hong Kong classification, M3 does not include repurchase agreements (repos) and capital market funds. The M3 Money Supply growth can be accompanied with an increase in the purchasing power of population and is therefore seen as positive for the Hong Kong dollar quotes.
Hong Kong Monetary Authority M3 Money Supply y/y
Last release
Actual
3.1%
Forecast
1.3%
Previous
1.2%
Next release
Actual
Coming in 10 days
Forecast
2.4%
Previous
3.1%
Date (GMT)
Reference
Actual
Forecast
Previous
Apr 2026
3.1%
1.3%
1.2%
Mar 2026
1.2%
1.8%
2.1%
Feb 2026
2.1%
3.6%
3.8%
Jan 2026
3.8%
3.9%
4.2%
Dec 2025
4.2%
4.5%
4.5%
Nov 2025
4.5%
3.9%
4.5%
Sep 2025
4.5%
3.6%
4.0%
Aug 2025
4.0%
6.6%
6.2%
Jul 2025
6.2%
7.9%
8.4%
Jun 2025
8.4%
8.8%
9.5%
May 2025
9.5%
7.5%
6.6%
Apr 2025
6.6%
8.3%
7.7%
Mar 2025
7.7%
6.6%
6.8%
Feb 2025
6.8%
3.8%
4.5%
Jan 2025
4.5%
1.1%
2.8%
Dec 2024
2.8%
3.1%
2.4%
Nov 2024
2.4%
3.7%
3.7%
Oct 2024
3.7%
2.7%
3.0%
Sep 2024
3.0%
2.1%
1.9%
Aug 2024
1.9%
2.1%
2.0%