
M3 Money Supply (YoY)
The M3, a measure of money supply, is an indicator released by the South African Reserve Bank, which factors in circulating currency, bank deposits, repurchase agreements, short-term debt securities, and money market shares. Regarded as a significant inflation metric, M3 growth is perceived positively for the Rand, while decline is seen negatively.
Indicator history
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Historical Data
Date | Actual | Previous | Deviation | Consensus |
---|---|---|---|---|
Feb 28, 2025 | 7.10% | 6.71% | 0.39 | - |
Jan 30, 2025 | 6.71% | 7.77% | -1.06 | - |
Dec 31, 2024 | 7.77% | 7.79% | -0.020 | - |
Nov 29, 2024 | 7.79% | 7.25% | 0.54 | - |
Oct 29, 2024 | 7.25% | 6.11% | 1.14 | - |
Sep 30, 2024 | 6.11% | 5.88% | 0.23 | - |
Aug 30, 2024 | 5.88% | 4.19% | 1.69 | - |
Jul 29, 2024 | 4.19% | 4.72% | -0.53 | - |