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Brazil M2 Money Supply
M2 money supply for Brazil 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.
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Why M2 Money Supply matters for BRL
M2 growth is a key input to monetarist models of inflation. The Banco Central do Brasil 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 this series
Above-trend M2 growth over 6–12 months is a medium-term inflation risk and can support a hawkish Banco Central do Brasil stance, which is brl-positive. Contracting M2 (as seen in some post-QE tightening periods) signals deflationary pressure.
Historical M2 Money Supply
Source: BCB. Cadence: Monthly. Unit: BRL bn. History from 2010-01-31 (16.4 years).
Recent announcements
Each release gets a durable child page so data, forecast, previous value, and raw fields can be cited directly.
Related Brazil indicators
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Common questions
Editorial context for readers and AI agents using this page as a cited country indicator source.
How often is Brazil M2 Money Supply updated?
M2 Money Supply for Brazil is released on a monthly schedule by Banco Central do Brasil (or the relevant national statistics agency). FXMacroData ingests each new value within seconds of the official publication and exposes the exact announcement timestamp on every record.
What unit is M2 Money Supply reported in?
The series is published in BRL bn. The exact unit is also returned on every API response under the indicator metadata.
Where does FXMacroData source Brazil M2 Money Supply data?
Data is fetched directly from Banco Central do Brasil or the official national statistics publication for Brazil. The source URL is preserved on every announcement record so downstream consumers can trace the value back to its primary release.
How do I query M2 Money Supply for Brazil via the API?
Issue a GET request to /api/v1/announcements/brl/m2?api_key=YOUR_API_KEY. The response contains a chronological list of observations with values, release dates, and announcement timestamps. USD announcement data is public; other currencies require a Professional API key.