M3 Money Supply YoY represents the annual growth rate of the broadest measure of money within an economy, primarily used by the European Central Bank and other major global institutions. It encompasses M2 plus large time deposits, institutional money market funds, short-term repurchase agreements, and other larger liquid assets. Because it includes institutional holdings, it provides a comprehensive picture of the total liquidity available for spending and investment in the entire economy.
The YoY figure is the percentage change in the M3 aggregate compared to the same period 12 months prior. It is adjusted for seasonal variations and technical factors by the central bank's statistical department.
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Aug 31, 2026 | 5.70 | 6.00 | -0.30 |
| Jul 31, 2026 | 6.30 | 4.80 | +1.50 |
| Jun 30, 2026 | 5.30 | 6.20 | -0.90 |
| May 29, 2026 | 6.10 | 5.10 | +1.00 |
| Apr 30, 2026 | 5.20 | 5.70 | -0.50 |
| Mar 31, 2026 | 5.00 | 5.50 | -0.50 |
| Mar 2, 2026 | 5.30 | 4.70 | +0.60 |
| Jan 30, 2026 | 4.60 | 4.20 | +0.40 |
| Dec 31, 2025 | 4.10 | 3.20 | +0.90 |
| Nov 28, 2025 | 3.30 | 3.60 | -0.30 |
| Oct 31, 2025 | 3.90 | 3.90 | 0.00 |
| Sep 30, 2025 | 3.80 | 3.10 | +0.70 |
| Aug 29, 2025 | 3.20 | 4.00 | -0.80 |
| Jul 31, 2025 | 3.90 | 4.50 | -0.60 |
| Jun 30, 2025 | 4.30 | 3.80 | +0.50 |
| May 30, 2025 | 4.00 | 4.80 | -0.80 |
| Apr 30, 2025 | 4.50 | 3.80 | +0.70 |
| Mar 31, 2025 | 3.90 | 5.00 | -1.10 |
| Feb 28, 2025 | 4.40 | 7.60 | -3.20 |
| Jan 31, 2025 | 7.40 | 4.90 | +2.50 |
| Dec 31, 2024 | 5.10 | 5.50 | -0.40 |
| Nov 29, 2024 | 5.70 | 5.40 | +0.30 |
| Oct 31, 2024 | 5.50 | 5.50 | 0.00 |
| Sep 30, 2024 | 5.70 | 5.50 | +0.20 |
| Aug 30, 2024 | 6.00 | 5.10 | +0.90 |
| Jul 31, 2024 | 5.30 | 5.50 | -0.20 |
| Jun 28, 2024 | 5.70 | — | — |
| May 31, 2024 | 6.10 | 7.40 | -1.30 |
| Apr 30, 2024 | 7.60 | 7.90 | -0.30 |
| Mar 28, 2024 | 8.20 | — | — |
| Feb 29, 2024 | 8.70 | 9.00 | -0.30 |
| Jan 31, 2024 | 9.70 | 8.10 | +1.60 |
| Dec 29, 2023 | 8.40 | 7.80 | +0.60 |
| Nov 30, 2023 | 8.10 | 9.00 | -0.90 |
| Oct 31, 2023 | 8.10 | 9.90 | -1.80 |
| Sep 29, 2023 | 9.70 | — | — |
| Aug 31, 2023 | 9.80 | — | — |
| Jul 31, 2023 | 10.20 | — | — |
| Jun 30, 2023 | 9.50 | — | — |
| May 31, 2023 | 9.50 | — | — |
| Apr 28, 2023 | 8.80 | — | — |
| Mar 31, 2023 | 8.80 | — | — |
| Feb 28, 2023 | 7.80 | — | — |
| Jan 31, 2023 | 6.70 | — | — |
| Dec 30, 2022 | 7.60 | — | — |
| Nov 30, 2022 | 7.50 | — | — |
| Oct 31, 2022 | 7.00 | — | — |
| Sep 30, 2022 | 6.00 | — | — |
| Aug 31, 2022 | 6.30 | — | — |
| Jul 29, 2022 | 5.80 | — | — |
| Date | First print | Current | Revision |
|---|---|---|---|
| Jun 30, 2026 | 5 | 5.30 | +0.30 ↑ |
