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
2.6%
Forecast
-0.9%
Previous
1.0%
Date (GMT)
Reference
Actual
Forecast
Previous
Sep 2024
3.0%
2.1%
1.9%
Aug 2024
1.9%
2.1%
2.0%
Jul 2024
2.0%
1.9%
1.5%
Jun 2024
1.5%
2.5%
1.5%
May 2024
1.5%
0.6%
0.5%
Apr 2024
0.5%
-0.1%
-0.4%
Mar 2024
-0.4%
1.6%
0.1%
Feb 2024
0.1%
1.9%
-0.7%
Jan 2024
-0.7%
2.0%
1.9%
Dec 2023
1.9%
1.6%
2.6%
Nov 2023
2.6%
2.0%
3.3%
Oct 2023
3.3%
1.1%
2.3%
Sep 2023
2.3%
0.5%
1.4%
Aug 2023
1.4%
0.4%
0.3%
Jul 2023
0.3%
0.7%
-0.1%
Jun 2023
-0.1%
0.8%
1.0%
May 2023
1.0%
0.7%
0.9%
Apr 2023
0.9%
0.8%
0.9%
Mar 2023
0.9%
0.6%
0.1%
Feb 2023
0.1%
0.0%
1.6%