M2 Slows To 9.6% Growth

M2 money supply slowed to 9.6% growth yoy in April. M1 contracted 0.24% and M0 fell 1.24%. My numbers are based on the raw data.

Reuters: China's April new bank loans, money supply growth well below f'casts

Broad M2 money supply (M2) rose 10.1 percent from a year ago, missing market expectations of 11.9 percent and slowing from March's 11.6 percent pace, the People's Bank of China (PBOC) said on Wednesday.

M2 growth was the lowest since records began in 1998.