Reserve Bank of India M3 Money Supply y/y

Country: India, INR
Importance: Low
Sector: Money
Last release
Actual
16.7%
Forecast
Previous
14.2%
Next release
Actual
Coming in 9 days
Forecast
14.8%
Previous
16.7%
Date (GMT)
Reference
Actual
Forecast
30 Aug 2019
9.9%
16 Aug 2019
10.2%
2 Aug 2019
10.1%
19 Jul 2019
10.6%
5 Jul 2019
10.3%
21 Jun 2019
10.1%
7 Jun 2019
10.1%
24 May 2019
10.3%
10 May 2019
10.5%
26 Apr 2019
10.0%
12 Apr 2019
10.9%
29 Mar 2019
10.6%
15 Mar 2019
10.6%
1 Mar 2019
10.5%
15 Feb 2019
10.8%
1 Feb 2019
10.4%
18 Jan 2019
10.4%
4 Jan 2019
10.6%
21 Dec 2018
10.2%
7 Dec 2018
10.5%

RBI M3 Money Supply y/y measures a percentage change in the entire money supply circulating in Indian economy, in the reference month compared to the same month a year ago. In general, a positive relationship is assumed between the growth of money supply M3 and that of inflation, economic growth and income. An increase in M3 Money Supply should therefore have a positive impact on INR, as incomes and inflation will also increase as a result.