About M2 Money Supply (AUD)

M2 money supply for Australia adds savings accounts, money market funds, and small time deposits to M1, providing a broader measure of the money stock. It is the most commonly referenced broad money aggregate in policy analysis.

Why FX traders watch it

M2 growth is a key input to monetarist models of inflation. The Reserve Bank of Australia monitors M2 to assess the pace of credit creation and liquidity in the economy. Rapid M2 expansion can be a precursor to inflation.

How to interpret the data

Above-trend M2 growth over 6–12 months is a medium-term inflation risk and can support a hawkish Reserve Bank of Australia stance, which is aud-positive. Contracting M2 (as seen in some post-QE tightening periods) signals deflationary pressure.

Historical M2 Money Supply (AUD)

Source: ABS/RBA · Monthly · AUD mn

Data provided by FXMacroData via the /api/v1/announcements/aud/m2 endpoint. For access, see pricing.

Data Source

Primary Source

ABS/RBA

Official Series ID

DMAM3N

External Link

View Official Data Page

Data Format and Properties

Data Frequency

Monthly

Unit of Measure

AUD mn

JSON Response Structure

The endpoint returns a chronological list of observations in JSON format.

{ "currency": "AUD", "indicator": "m2", "has_official_forecast": false, "start_date": "2023-01-01", "end_date": "2023-12-31", "data": [ { "date": "2024-07-01", "val": 4.2, "announcement_datetime": 1722456000 } ] }

Request Parameters & Usage

Parameter	Required	Format	Description
`start_date`	NO	`YYYY-MM-DD`	Optional lower bound for the requested history.
`end_date`	NO	`YYYY-MM-DD`	Optional upper bound. Defaults to the current date.
`api_key`	CONDITIONAL	`string`	Required for non-USD announcement requests. USD announcement requests are public without an API key.

Example Usage

To retrieve M2 Money Supply data for AUD from 2023:

GET https://fxmacrodata.com/api/v1/announcements/aud/m2?start_date=2023-01-01&end_date=2023-12-31&api_key=YOUR_API_KEY