Switzerland M2 Money Supply: 912,885 CHF mn (May 2024)
Switzerland M2 Money Supply came in at 912,885 on Jun 24, 2024, compared with 915,430 previously. See the full release history, chart, Swiss National Bank context, and API access for this series.
- Actual
- 912,885
- Previous
- 915,430
- Forecast
- --
- Next release
- Nov 23, 2026
May 2024
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Switzerland M2 Money Supply release chart
Readings leading into this release, with this print highlighted. Hover or tap a point for its value.

Switzerland M2 Money Supply release analysis
What the release showed
Switzerland M2 Money Supply came in at 912,885 in the release of Jun 24, 2024, down 2,545 from 915,430.
How it compares
This is the lowest reading in the 3 releases shown since March 2024.
The series rose in 1 and fell in 1 of those release-to-release moves.
Why M2 Money Supply matters for CHF
M2 growth is a key input to monetarist models of inflation. The Swiss National Bank 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 read it
Above-trend M2 growth over 6–12 months is a medium-term inflation risk and can support a hawkish Swiss National Bank stance, which is chf-positive. Contracting M2 (as seen in some post-QE tightening periods) signals deflationary pressure.
What to watch next
The next Switzerland M2 Money Supply release is due on Nov 23, 2026.
- M2 growth above / below nominal GDP
- Velocity moves explaining inflation surprises
- China M2 as a global liquidity proxy
- Reserve-balance dynamics affecting US M2
Recent Switzerland M2 Money Supply releases
Each release with the date it was published. Full history
| Released | Period | Actual | Previous | Forecast |
|---|---|---|---|---|
| Jun 24, 2024 | May 2024 | 912,885 | 915,430 | -- |
| May 23, 2024 | April 2024 | 915,430 | 912,962 | -- |
| Apr 23, 2024 | March 2024 | 912,962 | 909,670 | -- |
Get Switzerland M2 Money Supply data as soon as it is published
This page shows the most recent releases. The API serves the full Switzerland M2 Money Supply history and every other series we cover, with each row stamped with the time the official source published it.
- Full release history with actual, previous and reference period on every row.
- Publication timestamps on each announcement, so backtests only use data that was public at the time.
- Consensus forecasts joined by announcement ID to measure the surprise.
- Release calendar with confirmed times for upcoming announcements.
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Start Free Trial Read the API referenceGET https://api.fxmacrodata.com/v1/announcements/chf/m2
import requests
resp = requests.get(
"https://api.fxmacrodata.com/v1/announcements/chf/m2",
headers={"X-API-Key": "YOUR_API_KEY"},
timeout=30,
)
rows = resp.json()["data"]
print(rows[-1])
Match this release by announcement_id chf_m2_2024-05-31. Forecasts for the same release: /v1/predictions/chf/m2.
Release data snapshot
Citation fields for this announcement.
| Public release ID | chf_m2_2024-06-24 |
|---|---|
| API announcement ID | chf_m2_2024-05-31 |
| Release time |
Estimated 2024-06-24 07:00 UTC
|
| Reference period date | 2024-05-31 |
| Actual value | 912,885 |
| Previous value | 915,430 |
| Forecast | -- |
| Surprise | -- |
More Switzerland M2 Money Supply releases
Move through adjacent announcement records for the same series.
Related Switzerland indicators
Continue from this release into adjacent macro series for the same country.
Common questions about this release
The value, its publication time, the next scheduled date, and the official publisher for Switzerland M2 Money Supply.
What did Switzerland M2 Money Supply come in at, and how did it compare with the forecast and the previous reading?
Switzerland M2 Money Supply was 912,885 CHF mn in May 2024. The previous reading was 915,430 CHF mn.
When was this Switzerland M2 Money Supply release published?
The publication time is estimated for Jun 24, 2024 at 09:00 Europe/Zurich. The publication time is derived from the lag measured on this series' confirmed releases and the record carries the release_time_assumed flag.
When is the next Switzerland M2 Money Supply release?
The next Switzerland M2 Money Supply release is scheduled for Nov 23, 2026.
What is the official source for Switzerland M2 Money Supply?
SNB publishes the official M2 Money Supply series. FXMacroData stores every release with its announcement timestamp and serves it from the announcements endpoint for this series.
Raw announcement payload
Field names are preserved for traceability and downstream testing.
{
"announcement_datetime": 1719212400,
"announcement_id": "chf_m2_2024-05-31",
"capture_time_basis": "backfill_fetch_completed",
"date": "2024-05-31",
"observed_at_ns": 1791239340687896900,
"previous_value": 915430.0,
"publication_time_precision": "unknown",
"publication_time_status": "assumed_historical",
"release_time_assumed": true,
"revisions": [
{
"epoch": 1719212400,
"publication_time_precision": "unknown",
"publication_time_status": "assumed_historical",
"val": 912885.0
},
{
"capture_time_basis": "backfill_fetch_completed",
"epoch": 1719212400,
"is_first_release": false,
"observed_at_ns": 1791239340687896900,
"publication_time_precision": "unknown",
"publication_time_status": "assumed_historical",
"val": 912885.0,
"vintage_status": "captured_snapshot"
}
],
"val": 912885.0,
"vintage_status": "captured_snapshot"
}