UK Nov. M4 Money Supply Growth Slows- Final

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Monday, the Bank of England said in a final report that the M4 money supply increased 9.3% year-on-year in November, revised from a 9.2% growth reported initially. In October, the M4 money supply was up 10.8%.

On a monthly basis, the M4 money supply grew 0.1% in November, slower than the 1.7% growth in the preceding month. The M4 money supply growth was revised up from a flat reading estimated initially.

Meanwhile, the M4 lending, excluding the effects of securitisations etc. increased 6.4% on an annual basis in November, revised from the 6.5% rise reported earlier. It was up 1% from the previous month.

Monday, the Bank of England said in a final report that the M4 money supply increased 9.3% year-on-year in November, revised from a 9.2% growth reported initially. In October, the M4 money supply was up 10.8%. (Market News Provided by RTTNews)