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UK Sept final M4 confirmed up 1.0 pct vs Aug, up 12.8 pct yr-on-yr - BoE


Published : Mon, 29 Oct 2007 10:23
By : Agencies
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LONDON (Thomson Financial) - UK money supply growth slowed in September, but remained at elevated levels, final figures from the Bank of England confirmed today.

M4, a measure of broad money supply, rose by 1.0 pct in September from August for a 12.8 pct year-on-year rise.

In August, M4 rose by 1.3 pct from July and by 13.5 pct from a year earlier.

The figures are unrevised from the provisional estimates.

M4 lending growth meanwhile was revised up to 23.7 bln stg from the previous estimate of 23.0 bln stg.

jessica.mortimer@thomson.com

tfn-loc

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Copyright Thomson Financial News Limited 2007. All rights reserved.

The copying, republication or redistribution of Thomson Financial News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Financial News.

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