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CN Oct M2 Supply Grows 8.2% YoY, vs 8.1% Rise in Consensus
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At the end of October, China's broad money (M2) balance was RMB335.13 trillion, up 8.2% YoY, ahead of the market expectation of an 8.1% rise, as announced by the People's Bank of China (PBOC). The balance of narrow money (M1) amounted to RMB112 trillion, growing 6.2% YoY, compared to the market consensus of a 7% increase. The balance of money in circulation (M0) was RMB13.55 trillion, up 10.6% YoY. A net cash injection of RMB728.4 billion was recorded in 10M25. AASTOCKS Financial News Website: www.aastocks.com |
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