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
18 Dec 2020
12.4%
12.5%
12.4%
4 Dec 2020
12.4%
12.3%
12.5%
21 Nov 2020
12.5%
11.8%
12.0%
7 Nov 2020
12.0%
11.8%
11.6%
24 Oct 2020
11.6%
12.1%
12.1%
10 Oct 2020
12.1%
12.8%
12.2%
26 Sep 2020
12.2%
13.7%
13.4%
12 Sep 2020
13.4%
12.6%
12.6%
29 Aug 2020
12.6%
12.7%
12.6%
14 Aug 2020
12.6%
12.6%
12.7%
31 Jul 2020
12.7%
11.7%
12.4%
17 Jul 2020
12.4%
11.9%
12.4%
3 Jul 2020
12.4%
11.9%
12.3%
19 Jun 2020
12.3%
11.7%
12.4%
5 Jun 2020
12.4%
11.2%
11.7%
22 May 2020
11.7%
10.6%
11.5%
8 May 2020
11.5%
9.8%
10.7%
24 Apr 2020
10.7%
9.4%
10.2%
10 Apr 2020
10.2%
9.3%
8.8%
27 Mar 2020
8.8%
9.5%
9.5%