M2 Slows to New Low in August

M2 growth slowed to 8.9 percent over the past 12 months, but 3-month annualized growth ticked up to 11.3 percent. The latter number is 2.8 percentage points below the August 2016 pace.

M2 historically slows sharply in September and October.

Author: 罗臻 http://www.investinginchinesestocks.blogspot.com

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