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
23 Nov 2018
10.4%
9 Nov 2018
10.3%
26 Oct 2018
10.0%
12 Oct 2018
10.0%
28 Sep 2018
9.4%
14 Sep 2018
10.0%
31 Aug 2018
10.3%
17 Aug 2018
9.9%
3 Aug 2018
9.8%
20 Jul 2018
9.9%
6 Jul 2018
10.2%
22 Jun 2018
9.8%
8 Jun 2018
10.4%
25 May 2018
10.7%
11 May 2018
10.0%
27 Apr 2018
10.6%
13 Apr 2018
10.5%
30 Mar 2018
9.6%
16 Mar 2018
9.8%
2 Mar 2018
10.4%

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.