FX.co ★ Hong Kong's M3 Money Supply Growth Slows to 3.5% in October

In a recent update from the financial district, Hong Kong has reported a deceleration in the growth of its M3 money supply for the month of October 2025. The latest figures, updated on November 28, indicate that the growth has slowed to 3.5%, down from the 4.5% recorded in September.

The M3 money supply, which includes cash, checking deposits, and easily convertible near money, is a critical measure of a country's money supply and is often used to gauge economic health and forecast inflation trends. This decline in growth suggests a tightening in Hong Kong's monetary environment, potentially reflecting central bank actions aimed at controlling inflation or addressing other economic conditions.

Economists and analysts will be closely watching these changes in the money supply for signs of how Hong Kong's economy is adjusting to the global financial landscape. The reduced rate of growth could impact everything from consumer spending to business investment, as the territory navigates its place in a rapidly shifting economic climate.