The People’s Bank of China released the year-on-year growth rate of China’s M1 money supply for September on September 12, 2025. The reported figure was 6%, with no consensus forecast provided; the previous value was also 6%.Data definition: Money supply refers to the stock of currency available within a country during a specific period, serving the needs of the real economy. It includes deposits and cash supplied by the central bank and financial institutions. According to international standards, the People’s Bank of China categorizes monetary aggregates into several tiers, with M1 comprising currency in circulation and corporate demand deposits.Market impact: If the actual figure exceeds expectations, it is considered supportive for the Australian dollar.This data is of high importance. It is calculated by measuring changes in cash in domestic circulation and total bank deposits. The release frequency is monthly, with the next publication scheduled for October 2025.
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