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South Africa M3 Money Supply YoY
Add to Calendar
Latest Release
Nov 29, 2024
Actual7.79%
Previous7.25%
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.
| Release Date | Time | Actual | Forecast | Previous | |
|---|---|---|---|---|---|
| Dec 31, 2024 (Nov) | 06:00 | 7.79% | |||
| Nov 29, 2024 (Oct) | 06:00 | 7.79% | 7.25% | ||
| Oct 29, 2024 (Sep) | 06:00 | 7.25% | 6.11% | ||
| Sep 30, 2024 (Aug) | 06:00 | 6.11% | 5.88% | ||
| Aug 30, 2024 (Jul) | 06:00 | 5.88% | 4.19% | ||
| Jul 29, 2024 (Jun) | 06:00 | 4.19% | 4.72% |
Analysis
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M3 Money Supply (YoY) Discussion
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