How often is China M2 Money Supply updated?

M2 Money Supply for China is released on a monthly schedule by People's Bank of China (or the relevant national statistics agency). FXMacroData ingests each new value within seconds of the official publication and exposes the exact announcement timestamp on every record.

What unit is M2 Money Supply reported in?

The series is published in CNY tn. The exact unit is also returned on every API response under the indicator metadata.

Where does FXMacroData source China M2 Money Supply data?

Data is fetched directly from People's Bank of China or the official national statistics publication for China. The source URL is preserved on every announcement record so downstream consumers can trace the value back to its primary release.

How do I query M2 Money Supply for China via the API?

Issue a GET request to /api/v1/announcements/cny/m2?api_key=YOUR_API_KEY. The response contains a chronological list of observations with values, release dates, and announcement timestamps. USD announcement data is public; other currencies require a Professional API key.

China M2 Money Supply API Data

M2 Money Supply (CNY)

M1 + savings deposits (on-call). RBNZ derived: column A + B1.

Category: Money & Credit

API Endpoint

/api/v1/announcements/cny/m2

About M2 Money Supply (CNY)

M2 money supply for China adds savings accounts, money market funds, and small time deposits to M1, providing a broader measure of the money stock. It is the most commonly referenced broad money aggregate in policy analysis.

Why FX traders watch it

M2 growth is a key input to monetarist models of inflation. The People's Bank of China monitors M2 to assess the pace of credit creation and liquidity in the economy. Rapid M2 expansion can be a precursor to inflation.

How to interpret the data

Above-trend M2 growth over 6–12 months is a medium-term inflation risk and can support a hawkish People's Bank of China stance, which is cny-positive. Contracting M2 (as seen in some post-QE tightening periods) signals deflationary pressure.

Historical M2 Money Supply (CNY)

Source: NBS/PBoC · Monthly · CNY tn

Chart data not available. Access the full historical series via the API endpoint above.

Data provided by FXMacroData via the /api/v1/announcements/cny/m2 endpoint. For access, see pricing.

Data Source

Primary Source

NBS/PBoC

Official Series ID

PBoC M2

External Link

View Official Data Page

Data Format and Properties

Data Frequency

Monthly

Unit of Measure

CNY tn

JSON Response Structure

The endpoint returns a chronological list of observations in JSON format.

{ "currency": "CNY", "indicator": "m2", "has_official_forecast": false, "start_date": "2023-01-01", "end_date": "2023-12-31", "data": [ { "date": "2024-07-01", "val": 4.2, "announcement_datetime": 1722456000 } ] }

Request Parameters & Usage

Parameter	Required	Format	Description
`start_date`	NO	`YYYY-MM-DD`	Optional lower bound for the requested history.
`end_date`	NO	`YYYY-MM-DD`	Optional upper bound. Defaults to the current date.
`api_key`	CONDITIONAL	`string`	Required for non-USD announcement requests. USD announcement requests are public without an API key.

Example Usage

To retrieve M2 Money Supply data for CNY from 2023:

GET https://fxmacrodata.com/api/v1/announcements/cny/m2?start_date=2023-01-01&end_date=2023-12-31&api_key=YOUR_API_KEY

Frequently Asked Questions

How often is China M2 Money Supply updated?: M2 Money Supply for China is released on a monthly schedule by People's Bank of China (or the relevant national statistics agency). FXMacroData ingests each new value within seconds of the official publication and exposes the exact announcement timestamp on every record.
What unit is M2 Money Supply reported in?: The series is published in CNY tn. The exact unit is also returned on every API response under the indicator metadata.
Where does FXMacroData source China M2 Money Supply data?: Data is fetched directly from People's Bank of China or the official national statistics publication for China. The source URL is preserved on every announcement record so downstream consumers can trace the value back to its primary release.
How do I query M2 Money Supply for China via the API?: Issue a GET request to /api/v1/announcements/cny/m2?api_key=YOUR_API_KEY. The response contains a chronological list of observations with values, release dates, and announcement timestamps. USD announcement data is public; other currencies require a Professional API key.