---
title: "8 月 M1、M2“剪刀差” 创四年多来最低值"
description: "截至 8 月末，狭义货币（M1）增速为 6%，较上月上升 0.4 个百分点；广义货币（M2）增速为 8.8%，与上月持平。M1 与 M2 增速差收窄至 2.8%，为 2021 年 6 月以来最低值，反映资金活化程度。"
type: "news"
locale: "zh-CN"
url: "https://longbridge.com/zh-CN/news/257067060.md"
published_at: "2025-09-12T09:16:43.000Z"
---

# 8 月 M1、M2“剪刀差” 创四年多来最低值

> 截至 8 月末，狭义货币（M1）增速为 6%，较上月上升 0.4 个百分点；广义货币（M2）增速为 8.8%，与上月持平。M1 与 M2 增速差收窄至 2.8%，为 2021 年 6 月以来最低值，反映资金活化程度。

9 月 12 日，人民银行公布的数据显示，截至 8 月末，狭义货币（M1）增速 6%，较上月进一步上升 0.4 个百分点；广义货币（M2）增速 8.8%，与上月持平。反映资金活化程度的 M1 与 M2 增速差较上月进一步收窄至 2.8%，是 2021 年 6 月以来最低值。市场人士分析认为，今年以来 M1、M2“剪刀差” 明显收敛，更多资金转化为活期存款，有助于投入消费、投资等经济活动。（证券时报）

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