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
Nov 2017
11.6%
—
19.1%
Oct 2017
19.1%
—
13.2%
Sep 2017
13.2%
—
13.1%
Aug 2017
13.1%
—
15.8%
Jul 2017
15.8%
—
15.9%
Jun 2017
15.9%
—
15.5%
May 2017
15.5%
—
14.4%
Apr 2017
14.4%
—
13.7%
Mar 2017
13.7%
—
12.8%
Feb 2017
12.8%
—
11.8%
Jan 2017
11.8%
—
8.9%
Dec 2016
8.9%
—
8.7%
Nov 2016
8.7%
—
8.1%
Oct 2016
8.1%
—
7.8%
Sep 2016
7.8%
—
6.3%
Aug 2016
6.3%
—
4.7%
Jul 2016
4.7%
—
2.1%
Jun 2016
2.1%
—
1.4%
May 2016
1.4%
—
2.7%
Apr 2016
2.7%
—
3.6%