- UK broad money increased by £3.0 billion in September
Market news
30 October 2017
UK broad money increased by £3.0 billion in September
Broad money increased by £3.0 billion in September. Within this, the flow of household M4 was the largest contributor at £3.8 billion. The flow of M4 for private non-financial corporations (PNFCs) was -£1.5 billion, a particularly weak outturn. The net flow of sterling credit remained robust at £9.6 billion in September. Within this, lending to households has been growing steadily at around 4% per year.
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