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
31 Mar 2026 08:30 GMT
Actual
2.1%
Forecast
3.6%
Previous
3.8%
Next release
30 Apr 2026 08:30 GMT
Actual
Coming in 2 days
Forecast
1.8%
Previous
2.1%
Date (GMT)
Reference
Actual
Forecast
Previous
26 Feb 2021
Jan 2021
23.2%
6.4%
6.5%
29 Jan 2021
Dec 2020
6.5%
1.7%
6.5%
31 Dec 2020
Nov 2020
6.5%
22.8%
20.5%
30 Nov 2020
Oct 2020
20.5%
12.7%
10.7%
30 Oct 2020
Sep 2020
10.7%
8.6%
12.1%
30 Sept 2020
Aug 2020
12.1%
1.9%
5.7%
31 Aug 2020
Jul 2020
5.7%
-0.7%
1.4%
31 Jul 2020
Jun 2020
1.4%
-0.8%
0.1%
30 Jun 2020
May 2020
0.1%
0.5%
-1.0%
29 May 2020
Apr 2020
-1.0%
1.3%
0.0%
29 Apr 2020
Mar 2020
0.0%
0.0%
1.8%
31 Mar 2020
Feb 2020
1.8%
2.5%
2.4%
28 Feb 2020
Jan 2020
2.4%
2.1%
2.3%
31 Jan 2020
Dec 2019
2.3%
1.8%
3.1%
31 Dec 2019
Nov 2019
3.1%
1.8%
2.7%
29 Nov 2019
Oct 2019
2.7%
2.8%
1.8%
31 Oct 2019
Sep 2019
1.8%
3.2%
1.9%
30 Sept 2019
Aug 2019
1.9%
1.2%
3.3%
30 Aug 2019
Jul 2019
3.3%
0.5%
3.5%
31 Jul 2019
Jun 2019
3.5%
2.0%
2.8%