Money supply · Japan
Japan Monetary Base YoY
The Japan Monetary Base YoY measures the amount of money in the economy of Japan: cash and current accounts (M1), plus savings and time deposits (M2), plus broader instruments such as money-market funds and repos (M3 or M4). Balance-sheet and reserve figures show the central bank's own money.
- Важность
- Medium
- Опубликовано
- Monthly
- Следующая публикация
- Валюта
- JPY · Japanese yen
- Центральный банк
- The Bank of Japan
Последние данные
Последняя публикация вышла 2026-11-03; значение: -13.6%. Это выше консенсус-прогноза -14%. Это выше, чем -15.2% в прошлый раз.
За последние 12 публикаций значение колебалось от -15.7% до -8.5%, в среднем -12.1%. Показатель рос три публикации подряд.
| Опубликовано | Для | Факт | Консенсус | Предыдущее |
|---|---|---|---|---|
| 3 Nov 2026 | – | -13.6% | -14% | -15.2% |
| 1 Oct 2026 | – | -15.2% | -16.3% | -15.7% |
| 1 Sep 2026 | – | -15.7% | -13.5% | -13.8% |
| 3 Aug 2026 | – | -13.8% | -13% | -13.7% |
| 1 Jul 2026 | – | -13.7% | -10% | -12.2% |
| 1 Jun 2026 | – | -12.2% | -9.5% | -11.3% |
| 6 May 2026 | – | -11.3% | -10.5% | -11.6% |
| 1 Apr 2026 | – | -11.6% | – | -10.6% |
| 2 Mar 2026 | – | -10.6% | -10.2% | -9.5% |
| 2 Feb 2026 | – | -9.5% | – | -9.8% |
| 5 Jan 2026 | – | -9.8% | – | -8.5% |
| 1 Dec 2025 | – | -8.5% | – | -7.8% ® |
Почему это важно
Money growth was once a direct target of central banks; today it is read as a signal of lending, spending and future inflation, and of how loose or tight the Bank of Japan's policy really is (quantitative easing shows up here first).
Как считается
Banks report their deposits to the central bank, which adds them up by category; the figure is usually shown as the change from a year earlier.
M1 = currency + overnight deposits
M2 = M1 + short-term savings and time deposits
M3 = M2 + repos, money-market funds and short debtЧто означают изменения
- Fast money growth with an economy near full capacity is a warning of inflation to come.
- Shrinking money (as in 2023 in several countries) signals tight credit.
- Markets usually react little; it matters for the medium-term picture.
Краткая история
Milton Friedman's monetarism made money supply the centre of policy in the 1970s and early 1980s ("inflation is always and everywhere a monetary phenomenon"). Its link with inflation proved unstable and central banks moved to interest-rate targets.
Вопросы
What is the Japan Monetary Base YoY?
The Japan Monetary Base YoY measures the amount of money in the economy of Japan: cash and current accounts (M1), plus savings and time deposits (M2), plus broader instruments such as money-market funds and repos (M3 or M4). Balance-sheet and reserve figures show the central bank's own money.
What was the latest Japan Monetary Base YoY?
-13.6%, published on 3 November 2026 (consensus -14%, previous -15.2%).
When is the next Japan Monetary Base YoY?
On Tuesday 1 December 2026 at 23:50 UTC.
Только образовательный материал, не инвестиционная рекомендация. Цифры — опубликованные результаты в том виде, в каком их записал наш календарь; описанные реакции рынка типичны, но не гарантированы.