Money Supply refers to the total volume of currency and other liquid instruments circulating in a country's economy at a specific time. It includes physical cash, coins, and various types of bank deposits that can be used for transactions. Central banks monitor these levels closely as they directly influence inflation, interest rates, and overall economic growth. An excessive increase in money supply without corresponding economic output can lead to currency devaluation.
The indicator is calculated by aggregating data from central bank balance sheets and commercial bank reports. It is typically categorized into 'aggregates' such as M0, M1, and M2 based on the liquidity of the assets included.
| Date | Actual | Forecast | Surprise |
|---|---|---|---|
| Feb 5, 2014 | 14.50 | — | — |
| Jan 8, 2014 | 14.90 | — | — |
