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UK Money and Credit: June 2015
UK broad money, M4ex , is defined as M4 excluding intermediate other financial corporations (OFCs). M4ex increased by £3.0 billion in June, compared to the average monthly increase of £7.3 billion over the previous six months. The three-month annualised and twelve-month growth rates were 3.8% and 3.6% respectively. M4Lex is defined as M4 lending excluding intermediate OFCs. M4Lex increased by £1.4 billion in June, compared to the average monthly increase of £4.1 billion over the previous six months. The three-month annualised and twelve-month growth rates were 0.9% and 1.8% respectively. Households’ holdings of ... (full story)