(RTTNews) - Thursday, the Bank of England said in a final report that the M4 money supply increased 11.6% year-on-year in September, slower than the 12.3% growth in the previous month. The September money supply growth was revised from 11.3% increase reported initially.

On a monthly basis, the money supply rose 0.8% in September, unrevised from the previous month. The money supply showed a flat reading in August.

Meanwhile, the M4 lending, excluding the effects of securitisations etc. increased 7.8% on an annual basis in September, revised from 7.8% growth reported initially. It was up 0.7% from the previous month.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2009 RTTNews.com, Inc. All Rights Reserved

Posted in Categories: Economy, Releases, Stocks, UK.

Subscribe by RSS Subscribe by Email