M3 for Turkey
MYAGM3TRM189N • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,562,242,060,894.28
Year-over-Year Change
19.65%
Date Range
1/1/1986 - 6/1/2017
Summary
M3 for Turkey is a broad measure of the Turkish money supply, including currency in circulation, demand deposits, and various types of time and savings deposits. It is a key indicator of economic activity and inflationary pressures.
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 one of the most comprehensive measures of the Turkish money supply, capturing a wide range of liquid financial assets held by businesses and individuals. It is closely monitored by the Central Bank of the Republic of Turkey and used to inform monetary policy decisions.
Methodology
M3 data for Turkey is collected and calculated by the Central Bank of the Republic of Turkey.
Historical Context
Changes in the M3 money supply can signal shifts in economic growth, inflation, and credit conditions, making it an important tool for policymakers and market analysts.
Key Facts
- M3 includes currency in circulation, demand deposits, and various time and savings deposits.
- The Central Bank of the Republic of Turkey monitors M3 to guide monetary policy decisions.
- Changes in M3 can signal shifts in economic growth, inflation, and credit conditions in Turkey.
FAQs
Q: What does this economic trend measure?
A: M3 for Turkey is a broad measure of the Turkish money supply, including currency in circulation, demand deposits, and various types of time and savings deposits.
Q: Why is this trend relevant for users or analysts?
A: Changes in the M3 money supply can signal shifts in economic growth, inflation, and credit conditions in Turkey, making it an important indicator for policymakers and market analysts.
Q: How is this data collected or calculated?
A: M3 data for Turkey is collected and calculated by the Central Bank of the Republic of Turkey.
Q: How is this trend used in economic policy?
A: The Central Bank of the Republic of Turkey closely monitors M3 to inform its monetary policy decisions, as changes in the money supply can have significant implications for the Turkish economy.
Q: Are there update delays or limitations?
A: The Central Bank of the Republic of Turkey publishes M3 data on a regular basis, with minimal update delays.
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Citation
U.S. Federal Reserve, M3 for Turkey (MYAGM3TRM189N), retrieved from FRED.