China's M2 Money Supply Growth Slows to 7.7% in July

MT Newswires Live

08/17

China's broad M2 money supply grew 7.7% year over year to 355.51 trillion yuan as of the end of July, according to data from the People's Bank of China (PBOC) released on Friday.

The growth rate was softer than the 8% expansion recorded in the previous month. It missed the consensus forecast of 7.9% tracked by Investing.com.

Meanwhile, narrow money supply (M1) rose 4% year over year to 115.46 trillion yuan.

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It missed the consensus forecast of 7.9% tracked by Investing.com.</p><p>Meanwhile, narrow money supply (M1) rose 4% year over year to 115.46 trillion yuan.</p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"PBOC","symbol_name":"PGIM S&P 500 Buffer 20 ETF - October","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2660385105","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2660385105","pubTimestamp":1786925402,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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