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
28 Jun 2019
May 2019
2.8%
1.9%
-0.3%
31 May 2019
Apr 2019
-0.3%
1.8%
3.0%
30 Apr 2019
Mar 2019
3.0%
0.7%
1.4%
29 Mar 2019
Feb 2019
1.4%
0.1%
1.5%
28 Feb 2019
Jan 2019
1.5%
—
3.7%
31 Jan 2019
Dec 2018
3.7%
—
3.5%
31 Dec 2018
Nov 2018
3.5%
—
-2.1%
30 Nov 2018
Oct 2018
-2.1%
—
4.3%
31 Oct 2018
Sep 2018
4.3%
—
5.1%
28 Sept 2018
Aug 2018
5.1%
—
4.5%
31 Aug 2018
Jul 2018
4.5%
—
6.3%
31 Jul 2018
Jun 2018
6.3%
—
7.8%
29 Jun 2018
May 2018
7.8%
—
13.6%
31 May 2018
Apr 2018
13.6%
—
9.6%
30 Apr 2018
Mar 2018
9.6%
—
12.2%
29 Mar 2018
Feb 2018
12.2%
—
12.8%
28 Feb 2018
Jan 2018
12.8%
—
11.6%
31 Jan 2018
Dec 2017
11.6%
—
11.6%
29 Dec 2017
Nov 2017
11.6%
—
19.1%
30 Nov 2017
Oct 2017
19.1%
—
13.2%