| About CMS | Forex Services | Trading Software | Forex Education | Forex Resources | My Account |
Main Indicator: M3 Money Supply y/y
Most Recent Release
|
Actual | Forecast | Previous | Revised Form | |
| 7.8% | 8.5% | 8.7% | N/A | ||
|
For November
|
|||||
Table of Past Data
| 2/27 | 3/31 | 4/25 | 5/29 | 7/25 | 8/28 | 9/25 | 10/27 | 11/27 | 12/30 | ||
| Actual | 11.5% | 11.3% | 10.3% | 10.6% | 9.9% | 9.3% | 8.8% | 8.6% | 8.7% | 7.8% | |
| Forecast | 11.3% | 11.5% | 10.6% | 10.3% | 10.3% | 9.1% | 9.0% | 8.5% | 8.1% | 8.5% | |
| Previous | 11.6% | 11.5% | 11.3% | 10.1% | 10.5% | 9.5% | 9.1% | 8.8% | 8.6% | 8.7% | |
| Revised From | 11.5% | N/A | N/A | 10.3% | N/A | N/A | N/A | N/A | N/A | N/A | |
Past Releases
|
Actual | Forecast | Previous | Revised Form | |
| 8.7% | 8.1% | 8.6% | N/A |
|
Actual | Forecast | Previous | Revised Form | |
| 8.6% | 8.5% | 8.8% | N/A | ||
|
For September
From the release: The annual rate of growth of M3 decreased to 8.6% in September 2008, from 8.8% in August 2008.1 The three-month average of the annual growth rates of M3 over the period July 2008 - September 2008 declined to 8.9%, from 9.2% in the period June 2008 - August 2008. |
|||||
|
Actual | Forecast | Previous | Revised Form | |
| 8.8% | 9.0% | 9.1% | N/A |
|
Actual | Forecast | Previous | Revised Form | |
| 9.3% | 9.1% | 9.5% | N/A | ||
|
For August (s.a.)
M3 s.a. (3M - July): 9.6%, forecast 9.5%, pr. 9.9%, 10.4% (May) |
|||||
|
Actual | Forecast | Previous | Revised Form | |
| 9.9% | 10.3% | 10.5% | N/A | ||
|
For July (s.a.)
M3 s.a. (3M - June): 9.5%, forecast 10.4%, pr. 10.4% (May), 10.7% (Apr), 11.0% (Mar) |
|||||
|
Actual | Forecast | Previous | Revised Form | |
| 10.6% | 10.3% | 10.1% | 10.3% | ||
|
For April (seasonally adjusted)
M3 s.a. (3 mon. avg.): 10.7%, forecast 10.7%, pr. 11.0% (rev from 11.1%) From the Release: "The annual rate of growth of M3 increased to 10.6% in April 2008, from 10.1% in March 2008.1 The three-month average of the annual growth rates of M3 over the period February 2008 - April 2008 declined to 10.7%, from 11.0% in the period January 2008 - March 2008. Regarding the main components of M3, the annual rate of growth of M1 decreased to 2.5% in April 2008, from 2.9% in March. The annual rate of growth of short-term deposits other than overnight deposits increased to 20.2% in April, from 18.3% in the previous month. The annual rate of growth of marketable instruments decreased to 11.2% in April, from 11.8% in March." |
|||||
|
Actual | Forecast | Previous | Revised Form | |
| 10.3% | 10.6% | 11.3% | N/A | ||
|
For March (seasonally adjusted)
M3 s.a. (3 month average): 11.1%, forecast 11.0%, pr. 11.5% (rev from 11.4%)
|
|||||
|
Actual | Forecast | Previous | Revised Form | |
| 11.3% | 11.5% | 11.5% | N/A | ||
|
For February (seasonally adjusted)
M3 s.a. (3 month average): 11.3%, forecast 11.5%, pr. 11.8% Though inflation is running high in the Euro-zone, todays data showed money supply growth cooling. The annual pace in February was predicted to stay steady, and the 3 month average was expected to cool to 11.5%. Both figures were lower than expectations, as the ECB has not lowered rates in order to stimulate the economy through an increase in the money supply. This is in direct contrast to the US which has slashed rates, in order to shore up growth, and hoping that inflation will cool as a result of the slowdown in growth. Today's preliminary data for inflation was higher than expected increasing 3.5% y/y in March. The data, along with a slew of other indicators from the Euro-zone, did not have much of an effect on the markets. |
|||||
|
Actual | Forecast | Previous | Revised Form | |
| 11.5% | 11.3% | 11.6% | 11.5% | ||
|
For January (seasonally adjusted) M3 s.a. (3 month average): 11.8%, forecast 11.8%, pr. 12.1% |
|||||