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
16.7%
Forecast
—
Previous
14.2%
Next release
Actual
Coming in 9 days
Forecast
14.8%
Previous
16.7%
Date (GMT)
Reference
Actual
Forecast
Previous
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%
7 Apr 2023
10.0%
9.3%
9.0%
24 Mar 2023
9.0%
9.5%
9.6%
10 Mar 2023
9.6%
9.5%
9.5%
24 Feb 2023
9.5%
9.6%
9.5%
10 Feb 2023
9.5%
9.7%
9.8%
27 Jan 2023
9.8%
9.2%
9.7%
13 Jan 2023
9.7%
8.7%
8.7%
30 Dec 2022
8.7%
8.9%
8.8%
16 Dec 2022
8.8%
9.0%
9.1%
2 Dec 2022
9.1%
8.3%
8.9%
18 Nov 2022
8.9%
8.4%
7.8%
4 Nov 2022
7.8%
9.1%
9.1%
21 Oct 2022
9.1%
8.8%
9.1%
7 Oct 2022
9.1%
8.7%
8.6%