Titan FX

YoY Change in Money Supply M3 in South Africa

Country:
ZARSouth Africa
Importance:
Data Trends
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DateValue
ForecastActualDeviation
Market Impact of Economic Indicator Releases
To understand the market impact of economic indicator releases, this metric represents the relative price change over a specific period following the release.
Formula: (Close price N minutes after the release - Open price at the time of the release) / Open price at the time of the release
DateRelated Instruments Price Volatility
1 min later5 min later10 min later15 min later30 min later
About YoY Change in Money Supply M3 in South Africa

The year-on-year change in Money Supply M3 is an indicator that shows how South Africa's broad money supply has changed in a specific month compared to the same month of the previous year. This data is released monthly by the South African Reserve Bank (SARB) and is crucial for evaluating trends in money supply.

Year-on-year data helps understand how Money Supply M3 fluctuates over the long term. An increase in Money Supply M3 suggests active economic activity and potential inflationary pressures. Conversely, a decrease may indicate economic stagnation.

This data serves as important reference material for policymakers to evaluate trends in money supply and formulate appropriate monetary policies. Additionally, it is a critical source of information for businesses and investors to assess trends in money supply and economic outlook.

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