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
24 Sep 2021
9.3%
9.4%
9.4%
10 Sep 2021
9.4%
10.0%
9.5%
27 Aug 2021
9.5%
10.2%
10.5%
13 Aug 2021
10.5%
10.3%
9.9%
30 Jul 2021
9.9%
10.4%
10.8%
16 Jul 2021
10.8%
10.4%
10.1%
2 Jul 2021
10.1%
10.3%
10.7%
18 Jun 2021
10.7%
9.9%
9.9%
4 Jun 2021
9.9%
10.0%
9.9%
21 May 2021
9.9%
10.4%
10.2%
7 May 2021
10.2%
10.9%
10.6%
23 Apr 2021
10.6%
11.5%
11.3%
9 Apr 2021
11.3%
12.2%
11.8%
26 Mar 2021
11.8%
12.7%
12.6%
12 Mar 2021
12.6%
12.7%
12.8%
26 Feb 2021
12.8%
12.3%
12.6%
12 Feb 2021
12.6%
12.3%
12.1%
29 Jan 2021
12.1%
12.5%
12.5%
15 Jan 2021
12.5%
12.5%
12.5%
1 Jan 2021
12.5%
12.4%
12.4%