BoJ M2 Money Stock y/y — the entire stock of the currency in cash as well as of other liquid assets used in the country's economy. The indicator reflects changes in the given month compared to the same month of the previous year. The M2 monetary stock includes cash and residual assets enterprises and individuals can use for making payments.
The indicator measures the inflation in the country.
The chart of the entire available history of the "Bank of Japan (BoJ) M2 Money Stock y/y" macroeconomic indicator. The dashed line shows the forecast values of the economic indicator for the specified dates.
A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.