B · Normal
[C50 Wind Index Survey: New credit in October may increase less year-on-year, while social financing is expected to increase year-on-year] On November 9, the results of the new "C50 Wind Index" showed that financial data in October may show an improvement in social financing and a contraction in credit. In terms of credit, new RMB loans may return to negative value in October, with the median forecast of market institutions being -150 billion yuan; the median forecast of new social financing in the same period is 1.5 trillion yuan, or an increase of 680 billion yuan year-on-year. In terms of money growth, the year-on-year growth rates of M1 and M2 at the end of October may both have fallen slightly. In terms of prices, CPI increased by 0.7% year-on-year in October, and PPI increased by 5.7% year-on-year, setting a new high for the year. Previously, market institutions had forecast a median year-on-year growth rate of CPI of 0.8% in October and a median forecast of PPI of 5.3%. Overall, the actual data was in the same direction as the forecast, and PPI performance was slightly stronger than market expectations. (Reporter Xia Shuyuan)
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