China's M2 Money Supply Grows by 6.2% in June 2024

Friday, 12 July 2024, 09:10

The latest credit data from China for June 2024 indicates that the M2 money supply expanded by 6.2%, slightly below the expected 6.8% growth. This release sheds light on the country's monetary policy and its implications for the broader economy. Investors and analysts are closely monitoring these figures for insights into China's financial stability and growth prospects.
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China's M2 Money Supply Grows by 6.2% in June 2024

China's June M2 Money Supply Growth

Key Points:

  • 6.2% Growth: China's M2 money supply increased by 6.2% in June 2024.
  • Expectation Miss: The growth rate fell short of the anticipated 6.8%.

The latest credit data from China offers valuable insights into the country's monetary policies and economic trajectory. With the M2 money supply slightly missing expectations, investors are assessing the potential impact on financial markets and the overall economy.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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