FX.co ★ China’s M2 Growth Eases Slightly to 7.1% in October 2026

China’s broad money supply (M2) growth moderated marginally in October 2026, with the year-over-year rate edging down to 7.1%, compared with 7.2% in September 2026. The data, updated on 13 November 2026, reflect a slight loss of momentum in monetary expansion on an annual basis.

Both the current and previous readings are calculated as year-over-year changes, comparing each month’s M2 money stock with the same month a year earlier. The 0.1 percentage point dip suggests broadly stable but mildly slowing liquidity conditions in the Chinese financial system during the start of the fourth quarter of 2026.