Monetary Aggregates and Their Components: Broad Money and Components: M3 for Hungary
MABMM301HUM189N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
41,691,606,420,000.00
Year-over-Year Change
-0.70%
Date Range
12/1/1990 - 11/1/2023
Summary
The M3 monetary aggregate tracks broad money supply in Hungary, providing insights into liquidity and economic activity.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
M3 is a comprehensive measure of the money stock that includes currency, deposits, and other liquid assets. It is a key indicator monitored by central banks and policymakers to assess financial conditions and guide monetary policy.
Methodology
The data is collected and calculated by the National Bank of Hungary.
Historical Context
Trends in M3 are used to evaluate Hungary's economic and financial landscape.
Key Facts
- M3 includes cash, checking accounts, savings, and other liquid assets.
- M3 is considered a reliable predictor of inflation and economic growth.
- Hungary's M3 has shown steady expansion over the past decade.
FAQs
Q: What does this economic trend measure?
A: The M3 monetary aggregate tracks the broad money supply in Hungary, including currency, deposits, and other highly liquid financial assets.
Q: Why is this trend relevant for users or analysts?
A: M3 is a key indicator monitored by central banks and policymakers to assess financial conditions and guide monetary policy decisions.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the National Bank of Hungary.
Q: How is this trend used in economic policy?
A: Trends in M3 are used to evaluate Hungary's economic and financial landscape, informing monetary policy and market analysis.
Q: Are there update delays or limitations?
A: The M3 data is published regularly by the National Bank of Hungary with minimal delays.
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Citation
U.S. Federal Reserve, Monetary Aggregates and Their Components: Broad Money and Components: M3 for Hungary (MABMM301HUM189N), retrieved from FRED.