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CN Mar M2 Money Supply +8.5% YoY, vs Consensus +8.9%
The People's Bank of China announced that China's broad money (M2) balance was RMB353.86 trillion at the end of March, marking a YoY increase of 8.5%, below market expectat...
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CN Mar M2 Money Supply +8.5% YoY, vs Consensus +8.9%
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The People's Bank of China announced that China's broad money (M2) balance was RMB353.86 trillion at the end of March, marking a YoY increase of 8.5%, below market expectations of an 8.9% rise.

In contrast, China's narrow money (M1) balance grew by 5.1% YoY to RMB119.32 trillion, above market expectations of a 4.5% increase. The balance of money in circulation (M0) was RMB14.71 trillion, up 12.5% YoY. The net cash injection for 1Q26 reached RMB613.5 billion.

Related NewsInflation Rate YoY for Apr in China is 1.2%, higher than the previous value of 1.0%. The forecast was 0.8%.

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