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South Africa M3 Money Supply YoY

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South Africa M3 Money Supply YoY

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Latest Release
Sep 30, 2024
Actual
6.11%
Previous
5.88%
The terms M1, M2, M3 refer to the monetary aggregates. Monetary Aggregate or money supply is the quantity of money available within the economy to purchase goods, services, and securities. M1: Technically defined this is the sum of: the tender that is held outside banks, travelers checks, checking accounts (but not demand deposits), minus the amount of money in the Federal Reserve float. M2: The sum of: M1, savings deposits (this would include money market accounts from which no checks can be written), small denomination time deposits, retirement accounts. M3: M2 plus long-term deposits held by the domestic private sector. The monetary aggregates have been revised to include promissory notes. The monetary aggregates have always included negotiable certificates of deposit but excluded promissory notes, earlier on.
Importance:
Country:
Currency: ZAR
Source:
South Africa M3 Money Supply YoY
 
Release Date Time Actual Forecast Previous
Sep 30, 2024 (Aug) 07:00 6.11%   5.88%
Aug 30, 2024 (Jul) 07:00 5.88%   4.19%
Jul 29, 2024 (Jun) 07:00 4.19%   4.72%
Jun 28, 2024 (May) 07:00 4.72%   5.75%
May 31, 2024 (Apr) 07:00 5.75%   6.85%
Apr 30, 2024 (Mar) 07:00 6.85%   5.71%

Analysis

Chris Williamson
Week Ahead Economic Overview By Chris Williamson - Mar 25, 2016

The release of worldwide PMI results will give data watchers the first insights into global economic trends at the end of the first quarter, while latest labour market data in the US will be a key...

M3 Money Supply (YoY) Discussion

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