18 August 2005, 15:38  UK July provisional M4 money supply 1.1 pct vs June; M4 lending up 17.1 bln stg

M4 money supply rose a provisional 1.1 pct in July from the previous month on a seasonally adjusted basis, the Bank of England said. On a year-on-year basis, M4 increased by 11.3 pct. In June, there were rises of 0.2 pct and 11.0 pct respectively. M4 refers to "broad money", which includes cash and coins in circulation, bank deposits and money market paper. The BoE also reported that M4 lending expanded a seasonally adjusted 17.1 bln stg in July from 6.5 bln stg in June. M4 lending refers to sterling loans made by the central bank, banks and building societies to the private sector.

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