How often is China Narrow Money (M1) updated?

Narrow Money (M1) 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 Narrow Money (M1) 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 Narrow Money (M1) 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 Narrow Money (M1) for China via the API?

Issue a GET request to /api/v1/announcements/cny/m1?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 狭义货币 (M1) API Data

狭义货币 (M1) (CNY)

流通货币 + 交易存款。RBNZ A 列。

Category: Money & Credit

API Endpoint

/api/v1/announcements/cny/m1

About 狭义货币 (M1) (CNY)

M1 money supply for China covers the most liquid forms of money: currency in circulation, demand deposits, and other balances immediately convertible to cash. It is published monthly by the People's Bank of China or national statistics agency.

Why FX traders watch it

Rapid M1 growth can signal future inflationary pressures via the quantity theory of money. Conversely, shrinking M1 may indicate tightening monetary conditions, which reduces inflation risk but also slows economic activity.

How to interpret the data

M1 alone is rarely a primary FX catalyst, but sustained above-trend growth is a medium-term inflation risk and may increase rate-hike probability, supporting the cny. Contracting M1 is associated with tighter liquidity.

Historical 狭义货币 (M1) (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/m1 endpoint. For access, see pricing.

Data Source

Primary Source

NBS/PBoC

Official Series ID

PBoC M1

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": "m1", "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 狭义货币 (M1) data for CNY from 2023:

GET https://fxmacrodata.com/api/v1/announcements/cny/m1?start_date=2023-01-01&end_date=2023-12-31&api_key=YOUR_API_KEY

Frequently Asked Questions

How often is China Narrow Money (M1) updated?: Narrow Money (M1) 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 Narrow Money (M1) 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 Narrow Money (M1) 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 Narrow Money (M1) for China via the API?: Issue a GET request to /api/v1/announcements/cny/m1?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.