Makrognosis

China Narrow Money (M1)

MonthlyNot seasonally adjustedCode CN.M1.M.NSA

Latest116.8 RMB trillionSeptember 2026
Previous115.8 RMB trillionAugust 2026
Year ago113.2 RMB trillionSeptember 2025

China Narrow Money (M1) was 116.8 RMB trillion in September 2026, up 0.9% from August 2026 and up 3.2% from a year earlier.

China Narrow Money (M1) (RMB trillion), Sep 2025 – Sep 20261121141161181202026Robomacro
China Narrow Money (M1) (RMB trillion), Sep 2025 – Sep 2026. Source: People's Bank of China.

Showing the full history (downsampled for display). Open the interactive chart to zoom and switch transforms.

Recent data

PeriodValue
September 2026116.8 RMB trillion
August 2026115.8 RMB trillion
July 2026115.5 RMB trillion
June 2026118.5 RMB trillion
May 2026114.9 RMB trillion
April 2026114.6 RMB trillion
March 2026119.3 RMB trillion
February 2026115.9 RMB trillion
January 2026118.0 RMB trillion
December 2025115.5 RMB trillion
November 2025112.9 RMB trillion
October 2025112.0 RMB trillion
September 2025113.2 RMB trillion

Last 13 observations. The full history (13 observations) is available through the API.

Get China Narrow Money (M1) in your code or spreadsheet

One guessable code, agency-direct, updated on release. Free tier available.

curl -H "X-API-Key: $MAKROGNOSIS_KEY" \
  "https://makrognosis.robomacro.com/v1/series/CN.M1.M.NSA"

# Python
import requests
r = requests.get("https://makrognosis.robomacro.com/v1/series/CN.M1.M.NSA",
                 headers={"X-API-Key": KEY})
obs = r.json()["observations"]
Get a free API key → · API docs

About this series

Latest observationSeptember 2026
First observationSeptember 2025
Observations13
FrequencyMonthly
UnitsRMB trillion
AdjustmentNot seasonally adjusted
10-year high119.3 RMB trillion (Mar 2026)
10-year low112.0 RMB trillion (Oct 2025)
10-year average115.6 RMB trillion
Source agencyPeople's Bank of China
Makrognosis codeCN.M1.M.NSA

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Other China indicators

China Inflation Rate (CPI)China Unemployment RateChina Credit Rating & Sovereign Risk ScoreChina Industrial Production Growth Rate (year on year)China Trade Balance: Goods & ServicesChina Goods exports (GACC customs preliminary release, USD 100 million)China Goods imports (GACC customs preliminary release, USD 100 million)China Government Debt to GDPChina M2 Money StockChina Chinese Yuan per US DollarChina Currency in Circulation (M0)China General government net lending/borrowing, % of GDPChina Loan Prime Rate

FAQ

What is the current narrow Money (M1) in China?
The latest reading is 116.8 RMB trillion for September 2026, published by People's Bank of China.
Where does this data come from?
It is collected directly from People's Bank of China and is available through the Makrognosis API under the code CN.M1.M.NSA.

Last updated 2026-10-20. Source: People's Bank of China. Original title: “China narrow money M1 (PBoC Financial Statistics Report)”.