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 |
|---|---|---|---|
| Sep 22, 2026 | — | 11.20 | — |
| Aug 24, 2026 | 11.30 | 11.60 | -0.30 |
| Jul 22, 2026 | 11.80 | 11.20 | +0.60 |
| Jun 23, 2026 | 11.00 | 11.40 | -0.40 |
| May 25, 2026 | 11.30 | 11.20 | +0.10 |
| Apr 23, 2026 | 11.50 | 9.80 | +1.70 |
| Mar 23, 2026 | 10.60 | 10.00 | +0.60 |
| Feb 23, 2026 | 10.00 | 10.40 | -0.40 |
| Jan 26, 2026 | 10.40 | 10.40 | 0.00 |
| Dec 22, 2025 | 10.60 | 10.40 | +0.20 |
| Nov 25, 2025 | 10.60 | 10.60 | 0.00 |
| Oct 22, 2025 | 11.10 | 11.10 | 0.00 |
| Sep 22, 2025 | 11.10 | 11.10 | 0.00 |
| Aug 25, 2025 | 10.80 | 10.60 | +0.20 |
| Jul 22, 2025 | 10.50 | 10.20 | +0.30 |
| Jun 24, 2025 | 10.30 | 10.20 | +0.10 |
| May 23, 2025 | 10.40 | 10.00 | +0.40 |
| Apr 23, 2025 | 10.30 | 9.70 | +0.60 |
| Mar 24, 2025 | 9.10 | 9.10 | 0.00 |
| Feb 24, 2025 | 9.40 | 9.20 | +0.20 |
| Jan 24, 2025 | 9.30 | 8.60 | +0.70 |
| Dec 23, 2024 | 8.70 | 8.40 | +0.30 |
| Nov 26, 2024 | 7.80 | 7.10 | +0.70 |
| Oct 22, 2024 | 6.50 | 6.80 | -0.30 |
| Sep 23, 2024 | 7.80 | 8.00 | -0.20 |
| Aug 23, 2024 | 8.30 | 8.40 | -0.10 |
| Jul 22, 2024 | 8.40 | 8.40 | 0.00 |
| Jun 24, 2024 | 8.00 | 7.40 | +0.60 |
| May 24, 2024 | 7.40 | 6.80 | +0.60 |
| Apr 23, 2024 | 6.60 | 7.80 | -1.20 |
| Mar 22, 2024 | 7.40 | 7.10 | +0.30 |
| Feb 22, 2024 | 7.70 | 7.90 | -0.20 |
| Jan 24, 2024 | 8.50 | 8.10 | +0.40 |
| Dec 22, 2023 | 7.60 | 8.20 | -0.60 |
| Nov 23, 2023 | 8.20 | 8.60 | -0.40 |
| Oct 23, 2023 | 8.30 | 7.30 | +1.00 |
| Sep 22, 2023 | 7.30 | 7.40 | -0.10 |
| Aug 23, 2023 | 8.00 | 7.80 | +0.20 |
| Jul 24, 2023 | 7.90 | 7.80 | +0.10 |
| Jun 23, 2023 | 7.10 | 7.20 | -0.10 |
| May 24, 2023 | 6.70 | 6.60 | +0.10 |
| Apr 25, 2023 | 6.50 | 7.20 | -0.70 |
| Mar 22, 2023 | 7.40 | 6.50 | +0.90 |
| Feb 22, 2023 | 6.90 | 5.80 | +1.10 |
| Jan 24, 2023 | 5.40 | 6.00 | -0.60 |
| Dec 22, 2022 | 5.60 | 5.90 | -0.30 |
| Nov 24, 2022 | 7.00 | 7.50 | -0.50 |
| Oct 24, 2022 | 7.70 | 7.40 | +0.30 |
| Sep 22, 2022 | 7.40 | 6.10 | +1.30 |
| Aug 23, 2022 | 6.20 | 5.70 | +0.50 |
| Jul 22, 2022 | 6.50 | 7.80 | -1.30 |
