# China Narrow Money (M1)

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.

- Source agency: People's Bank of China
- Makrognosis code: `CN.M1.M.NSA`
- Frequency: monthly
- Units: RMB trillion
- Coverage: 2025-09-01 to 2026-09-01 (13 observations)
- Page: https://makrognosis.robomacro.com/data/china/narrow-money-m1

## Recent data

| Period | Value |
|---|---:|
| September 2026 | 116.8 RMB trillion |
| August 2026 | 115.8 RMB trillion |
| July 2026 | 115.5 RMB trillion |
| June 2026 | 118.5 RMB trillion |
| May 2026 | 114.9 RMB trillion |
| April 2026 | 114.6 RMB trillion |
| March 2026 | 119.3 RMB trillion |
| February 2026 | 115.9 RMB trillion |
| January 2026 | 118.0 RMB trillion |
| December 2025 | 115.5 RMB trillion |
| November 2025 | 112.9 RMB trillion |
| October 2025 | 112.0 RMB trillion |
| September 2025 | 113.2 RMB trillion |

## API

```
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"]
```