8 May 2001, 13:03 BOE UK provisional adj Apr M0 money supply-STATS and OVERVIEW
London, May 8 (BridgeNews) - U.K. seasonally adjusted narrow M0 money
supply rose an unrevised 0.2% on the month in April and an unrevised 7.5%
on the year, the Bank of England said Tuesday. The six-month annualized
rate was up 7.0% and the 3-month annualized rate 4.3%. After subdued
annual growth in December and January, as a result of the comparison with
the inflated millennium figures, M0 growth now appears to be settling at a
level a little below the 8%-plus levels seen as recently as late autumn
2000.
* * *
M0 refers to U.K. notes and coins in circulation and banks' deposits
with the Bank of England.
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