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
Jul 2019
3.3%
0.5%
3.5%
Jun 2019
3.5%
2.0%
2.8%
May 2019
2.8%
1.9%
-0.3%
Apr 2019
-0.3%
1.8%
3.0%
Mar 2019
3.0%
0.7%
1.4%
Feb 2019
1.4%
0.1%
1.5%
Jan 2019
1.5%
—
3.7%
Dec 2018
3.7%
—
3.5%
Nov 2018
3.5%
—
-2.1%
Oct 2018
-2.1%
—
4.3%
Sep 2018
4.3%
—
5.1%
Aug 2018
5.1%
—
4.5%
Jul 2018
4.5%
—
6.3%
Jun 2018
6.3%
—
7.8%
May 2018
7.8%
—
13.6%
Apr 2018
13.6%
—
9.6%
Mar 2018
9.6%
—
12.2%
Feb 2018
12.2%
—
12.8%
Jan 2018
12.8%
—
11.6%
Dec 2017
11.6%
—
11.6%