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.
Reserve Bank of India M3 Money Supply y/y
Last release
Actual
12.0%
Forecast
13.1%
Previous
12.0%
Next release
Actual
Coming in 4 days
Forecast
13.1%
Previous
12.0%
Date (GMT)
Reference
Actual
Forecast
Previous
26 Jan 2024
11.0%
—
10.8%
12 Jan 2024
10.8%
—
10.9%
29 Dec 2023
10.9%
—
11.6%
15 Dec 2023
11.6%
—
11.2%
1 Dec 2023
11.2%
—
11.2%
17 Nov 2023
11.2%
—
11.0%
3 Nov 2023
11.0%
—
10.8%
20 Oct 2023
10.8%
—
11.0%
6 Oct 2023
11.0%
—
10.8%
22 Sep 2023
10.8%
—
11.1%
8 Sep 2023
11.1%
—
10.8%
25 Aug 2023
10.8%
—
10.9%
11 Aug 2023
10.9%
10.6%
10.6%
28 Jul 2023
10.6%
—
10.7%
14 Jul 2023
10.7%
11.0%
11.3%
30 Jun 2023
11.3%
10.5%
10.5%
2 Jun 2023
10.5%
9.9%
10.1%
19 May 2023
10.1%
9.6%
9.7%
5 May 2023
9.7%
9.7%
9.5%
21 Apr 2023
9.5%
9.5%
10.0%