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
16 Oct 2015
11.0%
2 Oct 2015
10.9%
18 Sep 2015
11.0%
4 Sep 2015
11.2%
21 Aug 2015
11.3%
7 Aug 2015
10.9%
24 Jul 2015
11.5%
10 Jul 2015
11.3%
26 Jun 2015
11.0%
12 Jun 2015
11.1%
29 May 2015
11.0%
15 May 2015
11.3%
1 May 2015
11.7%
17 Apr 2015
11.0%
3 Apr 2015
12.0%
20 Mar 2015
11.1%
6 Mar 2015
11.3%
20 Feb 2015
11.5%
6 Feb 2015
11.4%
23 Jan 2015
11.2%

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.