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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
AngolaAngola M3 Money Supply YoY fell to 15.6% in May 2026
FMPMonthlyReleased June 2026
Angola M3 Money Supply YoY fell to 15.6% in May 2026, released June 2026, down 0.2% from April's 15.8% reading. The reading matched the 16.0% consensus. The print is running well above the 12-month average of 7.81%. Over the past 3 months, M3 Money Supply YoY averaged 12.75%, vs 9.33% in the prior 3-month window. The reading is in the 94th percentile of the trailing 24-month range.
Latest Release
15.6
Actual
16
Consensus
15.8
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| USD/JPY | ▲ Direct | +0.35 | FOREX | Bullish USD | → View |
| XAU/USD | ▼ Inverse | −0.29 | COMMODITIES | Bearish XAU | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
M3 Money Supply YoY (Angola) was reported at 15.6% in June 2026. This missed the market consensus of 16% by 0.4%. The reading fell from the previous value of 15.8%. Trailing 12-month context per ETL data through May 2026. Over the past 12 months, the indicator has averaged 7.66, ranging from 3.30 to 15.80 across 10 releases.
WHY IT MATTERS
The indicator has been trending upward over the last three releases. The trailing three releases averaged 11.80, up from the prior three at 6.93. Volatility over the past year (σ 3.39) is lower than the prior year (σ 7.01). In May readings over the past 3 years, M3 Money Supply YoY has averaged 20.13.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with USD/JPY (Bullish USD).
Auto-generated from current model state · Refreshes on each release · Last update May 2026.
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M3 Money Supply YoY - AO
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About M3 Money Supply YoY — Angola
DEFINITION
M3 Money Supply YoY is a financial indicator that measures the annual change in the total amount of money in circulation within an economy. It includes all forms of money, such as cash, deposits, and other liquid assets. This indicator is used by economists and policymakers to assess the overall health and stability of a country's monetary system and to make informed decisions regarding monetary policy. A positive YoY change in M3 Money Supply indicates an increase in liquidity and potential for economic growth, while a negative change may signal potential inflationary pressures.
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (May 2026): actual 15.6 %, consensus 16 %. Prior reading (Apr 2026): 15.8 %. Before that (Mar 2026): 9.7 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a higher reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection.