CH 1-y Loan Prime Rate
It's an important driver of commodity demand - lower interest rates decrease carrying costs. Reduced costs to store goods will spur companies to make investments in raw materials, leading to higher inventory levels;
This is a benchmark lending rate set by the People's Bank of China in its effort to influence short-term interest rates as part of its monetary policy strategy;
- CH 1-y Loan Prime Rate Graph
- History
| Expected Impact / Date | Actual | Forecast | Previous |
|---|---|---|---|
| May 19, 2026 | 3.00% | 3.00% | 3.00% |
| Apr 19, 2026 | 3.00% | 3.00% | 3.00% |
| Mar 19, 2026 | 3.00% | 3.00% | 3.00% |
| Feb 23, 2026 | 3.00% | 3.00% | 3.00% |
| Jan 19, 2026 | 3.00% | 3.00% | 3.00% |
| Dec 21, 2025 | 3.00% | 3.00% | 3.00% |
| Nov 19, 2025 | 3.00% | 3.00% | 3.00% |
| Oct 19, 2025 | 3.00% | 3.00% | 3.00% |
- Details
Specs
Source:
Measures:
Interest rate at which commercial banks lend to households and business;
Usual Effect:
'Actual' less than 'Forecast' is good for energy prices;
Frequency:
Scheduled monthly;
Derived Via:
Based on a weighted average of lending rates from 18 commercial banks;
Also Called:
LPR;
Acro Expand:
Loan Prime Rate (LPR);
Event Type:
Central Bank