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
1 Jul 2022
8.9%
8.2%
7.8%
17 Jun 2022
7.8%
8.7%
8.6%
3 Jun 2022
8.6%
9.0%
8.8%
20 May 2022
8.8%
9.7%
9.3%
6 May 2022
9.3%
9.9%
10.2%
22 Apr 2022
10.2%
9.2%
9.7%
8 Apr 2022
9.7%
8.8%
8.7%
25 Mar 2022
8.7%
8.8%
8.9%
11 Mar 2022
8.9%
8.8%
8.7%
25 Feb 2022
8.7%
8.7%
9.0%
11 Feb 2022
9.0%
8.7%
8.4%
28 Jan 2022
8.4%
9.5%
9.1%
14 Jan 2022
9.1%
9.6%
9.9%
31 Dec 2021
9.9%
9.2%
9.3%
17 Dec 2021
9.3%
9.3%
9.2%
3 Dec 2021
9.2%
10.2%
9.5%
19 Nov 2021
9.5%
10.3%
11.0%
5 Nov 2021
11.0%
9.8%
9.7%
22 Oct 2021
9.7%
9.6%
9.9%
8 Oct 2021
9.9%
9.3%
9.3%