Economic Calendar
M3 Money Supply (YoY)
M3 is a measure of money supply that is released by the European Central Bank. It calculates all currency in circulation, bank deposits, repurchase agreements, debt securities up to 2 years and the value of money market shares. It is considered as an important indicator of inflation, as monetary expansion adds pressure to the exchange rate. Usually an acceleration of the M3 money is considered as positive, or bullish for the EUR, whereas a decline.
Country:European Union
Currency:EUR
Frequency:Month
Next Event -
Previous
2.8%
Consensus
2.7%
The typical/expected impact on EUR pairs is Low.
Lower numbers than forecast tend to be bullish for xxx/EUR pairs and bearish for EUR/xxx pairs.
Most Recent -
Consensus
2.8%
Actual
2.8%
Higher numbers than forecast tend to be bullish for EUR/xxx pairs and bearish for xxx/EUR pairs.
Past Events
| Date | Time | Actual | Consensus |
|---|---|---|---|
| 27 November 2025 | 09:00 | 2.8% | 2.8% |
| 27 October 2025 | 09:00 | 2.8% | 2.7% |
| 25 September 2025 | 08:00 | 2.9% | 3.3% |
| 28 August 2025 | 08:00 | 3.4% | 3.5% |
| 25 July 2025 | 08:00 | 3.3% | 3.7% |
| 30 June 2025 | 08:00 | 3.9% | 4% |
| 30 May 2025 | 08:00 | 3.9% | 3.7% |
| 29 April 2025 | 08:00 | 3.6% | 4.1% |
| 27 March 2025 | 09:00 | 4% | 3.8% |
| 27 February 2025 | 09:00 | 3.6% | 3.8% |
| 29 January 2025 | 09:00 | 3.5% | 3.8% |
| 02 January 2025 | 09:00 | 3.8% | 3.5% |
| 28 November 2024 | 09:00 | 3.4% | 3.4% |
| 25 October 2024 | 08:00 | 3.2% | 3% |
| 26 September 2024 | 08:00 | 2.9% | 2.6% |
| 28 August 2024 | 08:00 | 2.3% | 2.7% |
| 25 July 2024 | 08:00 | 2.2% | 1.8% |
| 27 June 2024 | 08:00 | 1.6% | 1.5% |
| 29 May 2024 | 08:00 | 1.3% | 1.3% |
| 26 April 2024 | 08:00 | 0.9% | 0.5% |