M4 Money Supply (MoM)

M4 Money is widely referred as "broad money" or simply "money supply". The M4 Money Supply released by the Bank of England measures all the sterling in circulation, encompassing notes and coins as well as money held in bank accounts. It is considered as an important indicator of inflation, as monetary expansion adds pressure to the exchange rates. Normally, an acceleration of the M4 money is considered as positive for the GBP, whereas a decline is negative.

Next event - Friday 1 May 2026 08:30

Previous
0.6%
Forecast
0.5%
Actual
-

The typical/expected market impact of this event is low.

The consensus forecast for M4 Money Supply (MoM) is 0.5%. A higher value than forecast tends to be bullish for GBP/xxx pairs and bearish for xxx/GBP pairs.

Most recent - Monday 30 March 2026 08:30

Previous
-0.1%
Revised
-
Forecast
0.1%
Actual
0.6%

Higher numbers than forecast tend to be bullish for GBP/xxx pairs and bearish for xxx/GBP pairs.

Trading range

Forecast history

The most recent announced value for M4 Money Supply (MoM) was 0.6% against a forecast of 0.1%.

Past events

Date
Forecast
Actual
Monday 30 March 2026 08:30
0.1%
0.6%
Monday 2 March 2026 09:30
-
-0.1%
Friday 30 January 2026 09:30
0.3%
0.3%
Monday 5 January 2026 09:30
-
0.8%
Monday 1 December 2025 09:30
0.4%
-0.2%
Wednesday 29 October 2025 09:30
-
0.6%
Monday 29 September 2025 08:30
0.2%
0.4%
Monday 1 September 2025 08:30
-
0.1%
Tuesday 29 July 2025 08:30
0.3%
0.3%
Monday 30 June 2025 08:30
-
0.2%
Monday 2 June 2025 08:30
-
0%
Thursday 1 May 2025 08:30
0.2%
0.3%
Monday 31 March 2025 08:30
-
0.2%
Monday 3 March 2025 09:30
-
1.3%
Thursday 30 January 2025 09:30
0.2%
0.1%
Friday 3 January 2025 09:30
0.1%
0%
Friday 29 November 2024 09:30
0.4%
-0.1%
Tuesday 29 October 2024 09:30
0.1%
0.6%
Monday 30 September 2024 08:30
-
-0.1%
Friday 30 August 2024 08:30
0.5%
0.3%
Monday 29 July 2024 08:30
0.2%
0.5%
Monday 1 July 2024 08:30
-
-0.1%
Friday 31 May 2024 08:30
0.4%
0.1%
Tuesday 30 April 2024 08:30
0.4%
0.7%
Tuesday 2 April 2024 08:30
-
0.5%
Thursday 29 February 2024 09:30
0.3%
-0.1%
Tuesday 30 January 2024 09:30
0.2%
0.5%
Thursday 4 January 2024 09:30
-
-0.1%
Wednesday 29 November 2023 09:30
-0.2%
0.3%
Monday 30 October 2023 09:30
0.1%
-1.1%
Friday 29 September 2023 08:30
0.2%
0.2%
Wednesday 30 August 2023 08:30
-0.1%
-0.5%
Monday 31 July 2023 08:30
-0.1%
-0.1%
Thursday 29 June 2023 08:30
-0.1%
0.2%
Thursday 1 June 2023 08:30
0.1%
0%
Thursday 4 May 2023 08:30
0.1%
-0.6%

Economic context

Recent economic data has been moderately bullish for GBP. Other recent announcements which may affect the market's interpretation of the next M4 Money Supply (MoM) result:

PreviousLatest
BoE MPC Vote Rate Cut(no change)00
BoE MPC Vote Rate HikeBullish change01
Retail Sales (MoM)Bullish change-0.6%0.7%
Retail Sales (YoY)Bearish change1.8%1.7%
Retail Sales ex-Fuel (MoM)Bullish change-0.6%0.2%
Retail Sales ex-Fuel (YoY)Bearish change2.7%1.7%
GfK Consumer ConfidenceBearish change-21-25
S&P Global Composite PMIBullish change50.352
S&P Global Manufacturing PMIBullish change5153.6
S&P Global Services PMIBullish change50.552
Consumer Price Index (MoM)Bullish change0.4%0.7%
Consumer Price Index (YoY)Bullish change3%3.3%
Core Consumer Price Index (YoY)Bearish change3.2%3.1%
PPI Core Output (MoM) n.s.aBullish change-0.7%0.2%
PPI Core Output (YoY) n.s.a (no change)2%2%
Producer Price Index - Output (MoM) n.s.aBullish change-0.5%0.9%
Producer Price Index - Output (YoY) n.s.aBullish change1.8%2.6%
Retail Price Index (MoM)Bullish change0.4%0.8%
Retail Price Index (YoY)Bullish change3.6%4.1%
Average Earnings Excluding Bonus (3Mo/Yr)Bearish change3.8%3.6%
Average Earnings Including Bonus (3Mo/Yr)Bearish change4.1%3.8%
Claimant Count ChangeBearish change17.1K26.8K
Claimant Count RateBearish change4.3%4.4%
Employment Change (3M)Bearish change84K25K
ILO Unemployment Rate (3M)Bullish change5.2%4.9%

About M4 Money Supply (MoM)

Country:United Kingdom
Currency:GBP
Source:Bank of England
Category:Capital Flows
Frequency:Monthly
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