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
Mar 2021
9.1%
13.1%
10.3%
Feb 2021
10.3%
15.9%
23.2%
Jan 2021
23.2%
6.4%
6.5%
Dec 2020
6.5%
1.7%
6.5%
Nov 2020
6.5%
22.8%
20.5%
Oct 2020
20.5%
12.7%
10.7%
Sep 2020
10.7%
8.6%
12.1%
Aug 2020
12.1%
1.9%
5.7%
Jul 2020
5.7%
-0.7%
1.4%
Jun 2020
1.4%
-0.8%
0.1%
May 2020
0.1%
0.5%
-1.0%
Apr 2020
-1.0%
1.3%
0.0%
Mar 2020
0.0%
0.0%
1.8%
Feb 2020
1.8%
2.5%
2.4%
Jan 2020
2.4%
2.1%
2.3%
Dec 2019
2.3%
1.8%
3.1%
Nov 2019
3.1%
1.8%
2.7%
Oct 2019
2.7%
2.8%
1.8%
Sep 2019
1.8%
3.2%
1.9%
Aug 2019
1.9%
1.2%
3.3%