10月金融数据点评：10月新增信贷和社融季节性少增

Group 1: Loan and Financing Data - In October, new RMB loans amounted to 500 billion yuan, a decrease of 1,090 billion yuan from September and 238.4 billion yuan from October 2022[3] - The total new social financing scale in October was 13,958 billion yuan, down 23,676 billion yuan from September and 4,483 billion yuan from October 2022[6] - From January to October, new RMB loans totaled 16.52 trillion yuan, which is 3.96 trillion yuan less than the same period last year[3] Group 2: Household and Corporate Loans - In October, household loans increased by 160 billion yuan, which is 340 billion yuan less than September and 1,946 billion yuan more than October 2022[3] - Corporate loans in October were 1,300 billion yuan, a decrease of 13,600 billion yuan from September and 3,863 billion yuan from October 2022[4] - The total social financing stock at the end of October reached 403.45 trillion yuan, a year-on-year growth of 7.8%[6] Group 3: Deposit and Monetary Data - New RMB deposits in October were 600 billion yuan, down 31,400 billion yuan from September and 446 billion yuan from October 2022[7] - M2 balance grew by 7.5% year-on-year, which is 0.7 percentage points higher than the end of September[7] - The weighted average interest rate for interbank borrowing in October was 1.59%, down 0.19 percentage points from the previous month[8] Group 4: Market Predictions - It is predicted that new RMB loans in November will increase seasonally to around 800 billion yuan[8] - The overall economic activity is expected to show signs of improvement based on the recovery in MI and M2 growth rates[2]