[SMM Steel Market Morning News] China's M2 Money Supply Up 7% YoY in January
- feb 17, 2025, at 7:40 am
China's M2 Money Supply Up 7% YoY in January [SMM Steel Market Morning News]: According to data from the central bank, at January month-end, the balance of broad money (M2) was 318.52 trillion yuan, up 7% YoY. The balance of narrow money (M1) was 112.45 trillion yuan, up 0.4% YoY. The balance of currency in circulation (M0) was 14.23 trillion yuan, up 17.2% YoY. Net cash injection for the month was 1.41 trillion yuan.
