Russia M2 Money Supply YoY

Published:

Annual growth in Russia's M2 money supply, published by the Bank of Russia.

Economic IndicatorsLow volatility

Full explanation

Russia M2 Money Supply YoY is the annual percentage growth in Russia's M2 money supply, published by the Bank of Russia. M2 is the ruble money supply: cash in circulation plus ruble deposits of households and non-financial organisations. It is distinct from the broader M2X, which also includes foreign-currency deposits. The figure compares the latest month with the same month a year earlier.

Why traders watch it

Money growth indicates liquidity and credit conditions in Russia.

Stronger vs weaker outcomes

Faster growth than expected points to looser monetary and credit conditions and can support expectations of firmer activity or inflation; slower growth points the other way.

Stronger than expected

A higher reading means Russia's M2 money grew faster over the past year.

Weaker than expected

A lower reading means it grew more slowly.

In line with expectations

Higher means faster; lower means slower.

Release details

Release frequency
Monthly
Published by
RU

Typical volatility

Low. It is ruble M2, not M2X broad money. Compare it only with the same M2 measure.

Trading considerations

  • Read alongside the central bank's credit figures.

Educational guidance only — never a trading signal or recommendation.

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