# Switzerland Monetary aggregate M3, level, CHF million

Switzerland Monetary aggregate M3, level, CHF million was up 3.9% year on year in September 2026, compared with 3.6% in August 2026.
The level stood at 1,238,936 CHF mn.
Over the past ten years it has ranged from −3.1% (Nov 2023) to 7.0% (Jan 2021), averaging 2.3%.
The next update is expected on 23 November 2026.

- Source agency: Swiss National Bank
- Makrognosis code: `CH.M3.M.NSA`
- Frequency: monthly
- Units: CHF mn
- Coverage: 1996-01-01 to 2026-09-01 (369 observations)
- Page: https://makrognosis.robomacro.com/data/switzerland/monetary-aggregate-m3-level-chf-million

## Recent data

| Period | Value | Y/Y % |
|---|---:|---:|
| September 2026 | 1,238,936 CHF mn | 3.9 |
| August 2026 | 1,239,475 CHF mn | 3.6 |
| July 2026 | 1,232,269 CHF mn | 3.4 |
| June 2026 | 1,226,478 CHF mn | 3.6 |
| May 2026 | 1,227,845 CHF mn | 4.5 |
| April 2026 | 1,229,911 CHF mn | 4.4 |
| March 2026 | 1,222,559 CHF mn | 4.5 |
| February 2026 | 1,214,887 CHF mn | 4.8 |
| January 2026 | 1,214,621 CHF mn | 5.2 |
| December 2025 | 1,209,359 CHF mn | 4.4 |
| November 2025 | 1,210,928 CHF mn | 4.8 |
| October 2025 | 1,202,296 CHF mn | 4.8 |
| September 2025 | 1,192,728 CHF mn | 3.9 |
| August 2025 | 1,196,272 CHF mn | 4.5 |
| July 2025 | 1,191,938 CHF mn | 4.6 |
| June 2025 | 1,183,968 CHF mn | 4.3 |
| May 2025 | 1,175,170 CHF mn | 3.5 |
| April 2025 | 1,178,148 CHF mn | 3.0 |
| March 2025 | 1,169,837 CHF mn | 2.8 |
| February 2025 | 1,159,559 CHF mn | 2.4 |
| January 2025 | 1,154,098 CHF mn | 1.7 |
| December 2024 | 1,157,955 CHF mn | 1.9 |
| November 2024 | 1,155,314 CHF mn | 1.8 |
| October 2024 | 1,147,740 CHF mn | 1.4 |

## API

```
curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/CH.M3.M.NSA"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/CH.M3.M.NSA",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
```
