China's M2 Money Supply Grows by 6.2% in June 2024
Friday, 12 July 2024, 09:10
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.