Current Forecast of Euro Area M1 Money Supply

Units: Billion Euro, End of Month.  Not Seasonally Adjusted.

Solid Line = Actual Values.  Dashed Line = Predicted Values.



Forecast Values for Euro Area M1 Money Supply

DateForecast
Jan-187874
Feb-187888
Mar-187924
Apr-187957
May-187986
Jun-188010
Jul-188032

How This Forecast is Produced

The forecast of the indicator above is produced using Multichannel Singular Spectrum Analysis, or MSSA.

The forecast is made by using MSSA to decompose the time series into a trend component and many cyclical components.  The decomposed components of the time series are then projected forward in time.