M3 Money Supply (YoY)

M3 is a measure of money supply that is released by the European Central Bank. It calculates all currency in circulation, bank deposits, repurchase agreements, debt securities up to 2 years and the value of money market shares. It is considered as an important indicator of inflation, as monetary expansion adds pressure to the exchange rate. Usually an acceleration of the M3 money is considered as positive, or bullish for the EUR, whereas a decline.

Next event - Friday 19 December 2025 09:00

Previous
-
Forecast
-
Actual
-

The typical/expected market impact of this event is low.

There is no forecast value for M3 Money Supply (YoY) yet - check back for updates.

Most recent - Thursday 27 November 2025 09:00

Previous
2.8%
Revised
-
Forecast
2.8%
Actual
2.8%

Trading range

Forecast history

The most recent announced value for M3 Money Supply (YoY) was 2.8% against a forecast of 2.8%.

Past events

Date
Forecast
Actual
Thursday 27 November 2025 09:00
2.8%
2.8%
Monday 27 October 2025 09:00
2.7%
2.8%
Thursday 25 September 2025 08:00
3.3%
2.9%
Thursday 28 August 2025 08:00
3.5%
3.4%
Friday 25 July 2025 08:00
3.7%
3.3%
Monday 30 June 2025 08:00
4%
3.9%
Friday 30 May 2025 08:00
3.7%
3.9%
Tuesday 29 April 2025 08:00
4.1%
3.6%
Thursday 27 March 2025 09:00
3.8%
4%
Thursday 27 February 2025 09:00
3.8%
3.6%
Wednesday 29 January 2025 09:00
3.8%
3.5%
Thursday 2 January 2025 09:00
3.5%
3.8%
Thursday 28 November 2024 09:00
3.4%
3.4%
Friday 25 October 2024 08:00
3%
3.2%
Thursday 26 September 2024 08:00
2.6%
2.9%
Wednesday 28 August 2024 08:00
2.7%
2.3%
Thursday 25 July 2024 08:00
1.8%
2.2%
Thursday 27 June 2024 08:00
1.5%
1.6%
Wednesday 29 May 2024 08:00
1.3%
1.3%
Friday 26 April 2024 08:00
0.5%
0.9%
Thursday 28 March 2024 09:00
0.3%
0.4%
Tuesday 27 February 2024 09:00
0.3%
0.1%
Friday 26 January 2024 09:00
-0.7%
0.1%
Tuesday 2 January 2024 09:00
-1%
-0.9%
Tuesday 28 November 2023 09:00
-0.9%
-1%
Wednesday 25 October 2023 08:00
-1.7%
-1.2%
Wednesday 27 September 2023 08:00
-1%
-1.3%
Monday 28 August 2023 08:00
0%
-0.4%
Wednesday 26 July 2023 08:00
1%
0.6%
Wednesday 28 June 2023 08:00
1.5%
1.4%
Tuesday 30 May 2023 08:00
2.1%
1.9%
Tuesday 2 May 2023 08:00
2.5%
2.5%
Monday 27 March 2023 08:00
3.2%
2.9%
Monday 27 February 2023 09:00
3.9%
3.5%
Friday 27 January 2023 09:00
4.6%
4.1%
Thursday 29 December 2022 09:00
4.1%
4.8%

Economic context

Recent economic data has been broadly neutral for EUR. Other recent announcements which may affect the market's interpretation of the next M3 Money Supply (YoY) result:

PreviousLatest
Core Harmonized Index of Consumer Prices (MoM)(no change)-0.5%-0.5%
Core Harmonized Index of Consumer Prices (YoY)(no change)2.4%2.4%
Harmonized Index of Consumer Prices (MoM)(no change)-0.3%-0.3%
IFO – Business ClimateBearish change8887.6
IFO – Current Assessment(no change)85.685.6
IFO – ExpectationsBearish change90.589.7
ZEW Survey – Current SituationBearish change-78.7-81
ZEW Survey – Economic SentimentBullish change38.545.8
ZEW Survey – Economic SentimentBullish change2533.7
HCOB Composite PMIBearish change52.851.9
HCOB Manufacturing PMIBearish change49.649.2
HCOB Services PMIBearish change53.652.6
Consumer Price Index (EU Norm) (YoY)(no change)1.1%1.1%
Consumer Price Index (YoY)Bearish change1.2%1.1%
HCOB Composite PMIBearish change52.451.5
HCOB Manufacturing PMIBearish change48.247.7
HCOB Services PMIBearish change53.152.6
HCOB Composite PMIBearish change50.450.1
HCOB Manufacturing PMIBullish change47.850.6
HCOB Services PMIBearish change51.450.2
Industrial Production s.a. (MoM)Bullish change0.2%0.8%
Harmonized Index of Consumer Prices (YoY)Bullish change3.1%3.2%
Consumer Price Index (EU norm) (YoY)(no change)0.8%0.8%
Harmonized Index of Consumer Prices (MoM)(no change)-0.5%-0.5%
Harmonized Index of Consumer Prices (YoY)(no change)2.6%2.6%
Trade Balance s.a.Bullish change€15.3B€16.9B
Sentix Investor ConfidenceBullish change-7.4-6.2
Industrial Production n.s.a. w.d.a. (YoY)Bullish change-1%0.8%
Industrial Production s.a. (MoM)Bullish change1.1%1.8%
Employment Change (QoQ)Bullish change0.1%0.2%
Gross Domestic Product s.a. (QoQ)Bullish change0.2%0.3%
Gross Domestic Product s.a. (YoY)(no change)1.4%1.4%
Factory Orders n.s.a. (YoY)Bullish change-3.4%-0.7%
Factory Orders s.a. (MoM)Bearish change2%1.5%

About M3 Money Supply (YoY)

Country:Eurozone
Currency:EUR
Source:European Central Bank
Category:Capital Flows
Frequency:Monthly
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