The United Kingdom’s broad money measure, M4, expanded by 0.8% month-over-month in June 2026, marking a notable acceleration from the 0.1% increase recorded in May 2026. The fresh data, updated on 29 July 2026, highlight a strengthening in monetary growth after a period of near-stagnant expansion.
On a month-over-month basis, the “actual” figure for June compares the change in M4 against May 2026, while the “previous” figure for May reflects the change versus April 2026. The move from 0.1% to 0.8% suggests a rebound in money supply growth, which will be closely watched by market participants and policymakers for its implications on credit conditions and broader economic momentum in the UK.
