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China July M2 money supply +8.1% vs +8.4% y/y expected

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Old 12-08-2019, 10:36
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Default China July M2 money supply +8.1% vs +8.4% y/y expected

Latest Chinese credit data for July has been released - 12 August 2019- +8.5%- New yuan loans ¥1,060.0 bn vs ¥1,275.0 bn expected- Aggregate financing ¥1,010.0 bn vs ¥1,625.0 bn expectedMoney supply growth was slightly weaker-than-expected though it remains within the average range seen over the past year.

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