AI Data Insight
China's recently released Q2 2026 M0 (Currency in Circulation) MoM growth rate turned from 0.2683% in the previous period to a negative growth of -0.3915%. This change not only fell below the zero line but also echoes the recent weak performance of overall financial credit and social consumption data. Market analysis suggests that against the backdrop of sluggish credit demand and slowing domestic demand, the PBOC will be more inclined to rely on precise, targeted monetary and fiscal stimulus in the future.