Central Bank Policy Rate
Live series
Monetary Policy / Monthly
3
CNY live macro board
China Macro Data Board
Chinese yuan / renminbi — the managed currency of the world's second-largest economy.
The Chinese yuan (CNY), also called the renminbi (RMB), is the official currency of mainland China. It trades onshore as CNY (within a daily band set by the People's Bank of China) and offshore as CNH in Hong Kong and other financial centres.
China latest macro readings
A scan-ready view of the main CNY indicators, linking each series to its country page, latest announcement, and API endpoint.
Inflation Rate (CPI/HICP)
Live series
Economy / Monthly
0.8
Core Inflation
Live series
Economy / Monthly
1
Producer Price Index (PPI)
Live series
Economy / Monthly
3.8
Gross Domestic Product (GDP)
Live series
Economy / Quarterly
36,151.10
Unemployment Rate
Live series
Labor Market / Monthly
5.3
Retail Sales
Live series
Economy / Monthly
0.4
10-Year Government Bond Yield
Live series
Government Bond Yields / Daily
1.68
Business Confidence
Live series
Economy / Monthly
50.1
Current Account Balance
Live series
Economy / Quarterly
193.724
Trade-Weighted Index (NEER)
Live series
Economy / Monthly
113.15
Narrow Money (M1)
Live series
Money & Credit / Monthly
115.77
| Indicator | Latest | Previous | Change | Updated | Source | Links |
|---|---|---|---|---|---|---|
|
Central Bank Policy Rate
Monetary Policy
|
3 | 3 | 0 | 2026-09-19 | PBoC | Page /Release /API |
|
Inflation Rate (CPI/HICP)
Economy
|
0.8 | 0.5 | +0.3 | 2026-09-09 | NBS | Page /Release /API |
|
Core Inflation
Economy
|
1 | 0.9 | +0.1 | 2026-09-09 | NBS | Page /Release /API |
|
Producer Price Index (PPI)
Economy
|
3.8 | 3.5 | +0.3 | 2026-09-09 | NBS | Page /Release /API |
|
Gross Domestic Product (GDP)
Economy
|
36,151.10 | 33,419.30 | +2,731.80 | 2026-07-15 | National Bureau of Statistics of China | Page /Release /API |
|
Unemployment Rate
Labor Market
|
5.3 | 5.2 | +0.1 | 2026-09-15 | NBS | Page /Release /API |
|
Retail Sales
Economy
|
0.4 | 0.6 | -0.2 | 2026-09-15 | NBS | Page /Release /API |
|
10-Year Government Bond Yield
Government Bond Yields
|
1.68 | 1.67 | +0.01 | 2026-09-30 | Ministry of Finance | Page /Release /API |
|
Business Confidence
Economy
|
50.1 | 49.8 | +0.3 | 2026-09-30 | National Bureau of Statistics of China | Page /Release /API |
|
Current Account Balance
Economy
|
193.724 | 184.31 | +9.414 | 2026-08-14 | SAFE | Page /Release /API |
|
Trade-Weighted Index (NEER)
Economy
|
113.15 | 114.29 | -1.14 | 2026-09-15 | PBoC | Page /Release /API |
|
Narrow Money (M1)
Money & Credit
|
115.77 | 115.46 | +0.31 | 2026-09-15 | PBoC | Page /Release /API |
China release calendar
Upcoming and recent macro events for the CNY country view.
Tracked
Tracked
Tracked
Fixed Asset Investment
Tracked
Tracked
Industrial Production
Tracked
Tracked
Tracked
CNY currency market profile
Core identifiers, trading context, and product links for the CNY market.
Currency code
CNY
Chinese Yuan
Policy institution
People's Bank of China
Primary central-bank or monetary authority reference.
Primary USD pair
USD/CNY
Fast path into the FX pair dashboard and market profile.
Trading session
Tokyo
Approximate primary liquidity window used across FXMacroData pages.
Symbol
¥
Display symbol used in product surfaces.
Also known as
yuan, renminbi, rmb
Common market shorthand where available.
China macro brief
The highest-signal pages for China include Central Bank Policy Rate, Inflation Rate (CPI/HICP), Core Inflation, Producer Price Index (PPI), with each page linking back to the source metadata, release history, and API endpoint.
The People's Bank of China (PBoC) sets the daily USD/CNY mid-point fix and uses a range of policy tools — the medium-term lending facility (MLF) rate, reserve requirement ratio (RRR), open-market operations, and the loan prime rate (LPR) — to manage liquidity and credit conditions.
For CNY research, combine the country-level release map with the USD/CNY dashboard, release calendar, and API reference so macro events, source metadata, and FX context stay connected.
The pages below are organized by indicator rather than API route. That keeps the public website useful for research while still preserving the versioned API contract for developers.
What to watch
- PBoC daily fix and LPR / MLF announcements.
- Monthly NBS and Caixin PMIs.
- Quarterly GDP and monthly activity data.
- Total social financing and new yuan loans.
- USD/CNH offshore as a real-time risk gauge.
China source map
Publisher groups represented in the checked-in coverage catalogue for this market.
PBoC
11 series
NBS
6 series
Ministry of Finance
4 series
National Bureau of Statistics of China
3 series
ChinaBond (CCDC)
3 series
ABS
2 series
SAFE
1 series
RBA
1 series
China coverage by category
The country hub keeps rate, inflation, labour, growth, trade, credit, and market data grouped into the same reusable structure across countries.
Economy
8 / 10
Labor Market
1 / 5
Money & Credit
2 / 3
Monetary Policy
5 / 5
Government Bond Yields
7 / 8
Additional Indicators
0 / 3
Key China indicators
Highest-signal tracked releases for rates, inflation, growth, labour markets, and external balances.
Central Bank Policy Rate
Primary interest rate set by the Central Bank.
Published page
Monthly
%
Starts 2019-08-21
Monetary Policy
Inflation Rate (CPI/HICP)
Headline inflation: the year-over-year percentage change in the Consumer Price Index (CPI), the standard measure central banks target.
Published page
Monthly
%YoY
Starts 1998-01-31
Economy
Core Inflation
CPI excluding volatile items like food and energy.
Published page
Monthly
%YoY
Starts 2025-10-31
Economy
Producer Price Index (PPI)
Measures the average change over time in the selling prices received by domestic producers for their output.
Published page
Monthly
%YoY
Starts 1993-01-31
Economy
Gross Domestic Product (GDP)
Gross domestic product: the total value of goods and services produced in the economy, its broadest measure of activity. Depending on the country, the headline series is published as a level or as a growth rate; the unit shown with each series says which.
Published page
Quarterly
CNY bn
Starts 1992-03-31
Economy
Unemployment Rate
Percentage of the labor force that is unemployed.
Published page
Monthly
%
Starts 2018-01-31
Labor Market
Retail Sales
Measures change in the total value of sales at the retail level.
Published page
Monthly
%YoY
Starts 2025-10-31
Economy
10-Year Government Bond Yield
Published page
Daily
%
Starts 2006-03-01
Government Bond Yields
Published China indicator pages
Filter by indicator name, source, cadence, or category.
Economy
8 pages
Business Confidence
Survey-based measure of business executives' outlook on economic conditions, production, and investment plans.
Monthly
Index (0-100 normalized)
Starts 2005-01-31
Core Inflation
CPI excluding volatile items like food and energy.
Monthly
%YoY
Starts 2025-10-31
Current Account Balance
Measures trade in goods and services and income flows.
Quarterly
USD bn
Starts 2000-03-31
Gross Domestic Product (GDP)
Gross domestic product: the total value of goods and services produced in the economy, its broadest measure of activity. Depending on the country, the headline series is published as a level or as a growth rate; the unit shown with each series says which.
Quarterly
CNY bn
Starts 1992-03-31
Inflation Rate (CPI/HICP)
Headline inflation: the year-over-year percentage change in the Consumer Price Index (CPI), the standard measure central banks target.
Monthly
%YoY
Starts 1998-01-31
Producer Price Index (PPI)
Measures the average change over time in the selling prices received by domestic producers for their output.
Monthly
%YoY
Starts 1993-01-31
Retail Sales
Measures change in the total value of sales at the retail level.
Monthly
%YoY
Starts 2025-10-31
Trade-Weighted Index (NEER)
Nominal Effective Exchange Rate (NEER) measuring the value of a currency relative to a basket of trading partners' currencies, weighted by trade volumes. Published monthly by the BIS.
Monthly
Index (2020=100)
Starts 1994-01-31
Labor Market
1 pages
Unemployment Rate
Percentage of the labor force that is unemployed.
Monthly
%
Starts 2018-01-31
Money & Credit
2 pages
Narrow Money (M1)
Currency in circulation + transaction deposits. RBNZ column A.
Monthly
CNY tn
Starts 2015-01-31
M2 Money Supply
M1 + savings deposits (on-call). RBNZ derived: column A + B1.
Monthly
CNY tn
Starts 2015-01-31
Monetary Policy
5 pages
Central Bank Total Assets
Total assets on the central bank's balance sheet, reflecting the scale of monetary policy operations including quantitative easing programs.
Monthly
CNY tn
Starts 1999-12-31
Foreign Exchange Reserves
Assets held by the central bank in foreign currencies, used to support the exchange rate and manage monetary policy. Key indicator of a country's external financial position.
Monthly
USD bn
Starts 2017-01-31
Gold Reserves
Quantity of gold held by the central bank as part of its foreign exchange reserves, measured in value terms.
Monthly
USD bn
Starts 2015-06-30
Central Bank Policy Rate
Primary interest rate set by the Central Bank.
Monthly
%
Starts 2019-08-21
Risk Free Rate
Overnight lending rate between banks.
Daily
%
Starts 2026-06-12
Government Bond Yields
7 pages
10-Year Government Bond Yield
Daily
%
Starts 2006-03-01
1-Year Government Bond Yield
Daily
%
Starts 2006-03-01
2-Year Government Bond Yield
Daily
%
Starts 2006-03-01
30-Year Government Bond Yield
Daily
%
Starts 2006-03-01
3-Year Government Bond Yield
Daily
%
Starts 2006-03-01
5-Year Government Bond Yield
Daily
%
Starts 2006-03-01
7-Year Government Bond Yield
Daily
%
Starts 2006-03-01
Tracked China data catalogue
Coverage families already represented in the FXMacroData catalogue, including pages whose detailed docs are still pending.
Economy
10 tracked
Business Confidence
Survey-based measure of business executives' outlook on economic conditions, production, and investment plans.
Published page
Monthly
National Bureau of Statistics of China
Starts 2005-01-31
Consumer Confidence
Survey-based measure of consumers' confidence in economic conditions, employment prospects, and personal finances.
Tracked in catalogue
Monthly
National Bureau of Statistics of China
Starts pending
Core Inflation
CPI excluding volatile items like food and energy.
Published page
Monthly
NBS
Starts 2025-10-31
Current Account Balance
Measures trade in goods and services and income flows.
Published page
Quarterly
SAFE
Starts 2000-03-31
Gross Domestic Product (GDP)
Gross domestic product: the total value of goods and services produced in the economy, its broadest measure of activity. Depending on the country, the headline series is published as a level or as a growth rate; the unit shown with each series says which.
Published page
Quarterly
National Bureau of Statistics of China
Starts 1992-03-31
Inflation Rate (CPI/HICP)
Headline inflation: the year-over-year percentage change in the Consumer Price Index (CPI), the standard measure central banks target.
Published page
Monthly
NBS
Starts 1998-01-31
Producer Price Index (PPI)
Measures the average change over time in the selling prices received by domestic producers for their output.
Published page
Monthly
NBS
Starts 1993-01-31
Retail Sales
Measures change in the total value of sales at the retail level.
Published page
Monthly
NBS
Starts 2025-10-31
Trade Balance
The difference between the value of a country's exports and imports.
Tracked in catalogue
Monthly
NBS
Starts pending
Trade-Weighted Index (NEER)
Nominal Effective Exchange Rate (NEER) measuring the value of a currency relative to a basket of trading partners' currencies, weighted by trade volumes. Published monthly by the BIS.
Published page
Monthly
PBoC
Starts 1994-01-31
Labor Market
5 tracked
Employment Level
Total number of employed persons.
Tracked in catalogue
Annual
Starts pending
Full-Time Employment
Number of persons employed full-time.
Tracked in catalogue
Monthly
ABS
Starts pending
Part-Time Employment
Number of persons employed part-time.
Tracked in catalogue
Monthly
ABS
Starts pending
Labor Force Participation Rate
Ratio of the labor force to the working-age population.
Tracked in catalogue
Annual
Starts pending
Unemployment Rate
Percentage of the labor force that is unemployed.
Published page
Monthly
NBS
Starts 2018-01-31
Money & Credit
3 tracked
Narrow Money (M1)
Currency in circulation + transaction deposits. RBNZ column A.
Published page
Monthly
PBoC
Starts 2015-01-31
M2 Money Supply
M1 + savings deposits (on-call). RBNZ derived: column A + B1.
Published page
Monthly
PBoC
Starts 2015-01-31
Broad Money (M3)
M1 + savings + term deposits. RBNZ column A+B (broadest aggregate).
Tracked in catalogue
Monthly
Starts pending
Monetary Policy
5 tracked
Central Bank Total Assets
Total assets on the central bank's balance sheet, reflecting the scale of monetary policy operations including quantitative easing programs.
Published page
Monthly
PBoC
Starts 1999-12-31
Foreign Exchange Reserves
Assets held by the central bank in foreign currencies, used to support the exchange rate and manage monetary policy. Key indicator of a country's external financial position.
Published page
Monthly
PBoC
Starts 2017-01-31
Gold Reserves
Quantity of gold held by the central bank as part of its foreign exchange reserves, measured in value terms.
Published page
Monthly
PBoC
Starts 2015-06-30
Central Bank Policy Rate
Primary interest rate set by the Central Bank.
Published page
Monthly
PBoC
Starts 2019-08-21
Risk Free Rate
Overnight lending rate between banks.
Published page
Daily
PBoC
Starts 2026-06-12
Government Bond Yields
8 tracked
10-Year Government Bond Yield
Published page
Daily
Ministry of Finance
Starts 2006-03-01
1-Year Government Bond Yield
Published page
Daily
ChinaBond (CCDC)
Starts 2006-03-01
2-Year Government Bond Yield
Published page
Daily
Ministry of Finance
Starts 2006-03-01
30-Year Government Bond Yield
Published page
Daily
ChinaBond (CCDC)
Starts 2006-03-01
3-Year Government Bond Yield
Published page
Daily
Ministry of Finance
Starts 2006-03-01
5-Year Government Bond Yield
Published page
Daily
Ministry of Finance
Starts 2006-03-01
7-Year Government Bond Yield
Published page
Daily
ChinaBond (CCDC)
Starts 2006-03-01
Inflation-Linked Bond Yield
Tracked in catalogue
Daily
RBA
Starts pending
Additional Indicators
3 tracked
Central Bank Reserves - Domestic Currency
Tracked in catalogue
Monthly
PBoC
Starts pending
Central Bank Reserves - Foreign Currency
Tracked in catalogue
Monthly
PBoC
Starts pending
Central Bank Reserves - Gold
Tracked in catalogue
Monthly
PBoC
Starts pending
China guides and research
Explainers and analysis about China and the CNY, with the by-country tables that put its numbers in context.
China Government Bond Yields and Prices: CNY Guide
A country-specific guide to China government bond yields and prices, the CNY curve, monetary-policy and issuance drivers, FX transmission and verified data availability.
Learn Macro
China (CNY) Forex Outlook: Policy Rate, Inflation, GDP, and USD/CNY Setup
Country-specific CNY currency analysis covering China policy signals, inflation, GDP, release timing, and a practical USD/CNY forecast workflow for traders.
Product
People's Bank of China Guide: LPR, Reverse Repo and CNY
How the People's Bank of China sets policy through the 7-day reverse repo rate, the Loan Prime Rate, reserve requirements and the daily yuan fixing, and what those...
Learn Macro
FXMacroData vs China NBS Data: Chinese CPI, PMI and GDP for CNY and AUD Traders
A buyer-guide comparison of the National Bureau of Statistics of China (stats.gov.cn and the National Data database) and FXMacroData for FX traders and developers who...
Learn Macro
Compare China with other countries
Risk-free rates by country
The overnight benchmark rate for each currency, side by side.
Policy rates by country
Current central-bank policy rates across every covered market.
Inflation by country
Latest annual consumer price inflation for each market.
Government bond yields by country
Sovereign yields by maturity across covered markets.
CNY market drivers
Evergreen macro forces to keep beside the country data table.
Driver 1
PBoC daily USD/CNY mid-point fix and policy-tool announcements.
Driver 2
China NBS PMI, Caixin PMI, retail sales, and industrial production.
Driver 3
China property-sector data and credit aggregates (TSF, M2).
Driver 4
US-China yield differential and DXY moves.
Driver 5
Trade-balance data and capital-flow indicators.
Driver 6
Geopolitical and trade-policy news, particularly with the US.
CNY questions traders ask
Currency-specific context that helps interpret the country data before moving into endpoints or dashboards.
What is the difference between CNY and CNH?
CNY is the onshore yuan, traded within mainland China and constrained by a ±2% daily band around the PBoC's mid-point fix. CNH is the offshore yuan, traded mainly in Hong Kong with no daily band, and is the most accessible form of the renminbi for international investors.
Is the yuan a freely floating currency?
No. The PBoC sets a daily USD/CNY mid-point fix and limits onshore trading to a band around it. Capital-account restrictions also limit free convertibility. The currency operates under a managed-float regime.
What is the difference between yuan and renminbi?
'Renminbi' is the official name of the currency (literally 'people's currency'). 'Yuan' is the principal unit of denomination. The two terms are often used interchangeably.
Explore other countries
Move laterally into another country hub while keeping the same indicator-first structure.