At the end of October, M2 grew by 7.5% year-on-year, while M1 fell by 6.1% year-on-year.
2024-11-11 08:31:36
Central Bank: At the end of October, the balance of broad money (M2) was 309.71 trillion yuan, an increase of 7.5% year-on-year. The balance of narrow money (M1) was 63.34 trillion yuan, a decrease of 6.1% year-on-year. The balance of money in circulation (M0) was 12.24 trillion yuan, an increase of 12.8% year-on-year. Net cash in the first ten months was 900.30 billion yuan.
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