M4 Money Supply in United Kingdom

Banco de Inglaterra · Mensual · Importance 85

0.8% (Jun-26) MOM · % · Mensual · CSV

About this indicator

Source	Bank of England
Frequency	Mensual
Release	Aproximadamente cuatro semanas después del cierre del mes de referencia.
What it is	M4 is the United Kingdom's broad money aggregate: it measures cash, deposits and other liquid liabilities held by the non-financial private sector. It is published by the Bank of England and is the widest measure of money supply in the British economy.
How it's calculated	The Bank of England compiles it by summing banks' liquid liabilities to the private sector across differing degrees of liquidity. Both the level and its monthly and year-on-year growth rates are published.
Market implications	Its path signals credit and liquidity conditions and serves as a medium-term inflation reference within the Bank of England's monetary analysis. A marked acceleration can be read as an inflationary risk, and vice versa.
Limitations	The link with inflation and activity is unstable in the short run and hinges on the velocity of money. The 'M4 excluding intermediate other financial corporations' variant is often preferred to filter out noise, and the data are revised in later releases.