01.05.202608:30:00UTC+00UK M4 Money Supply Growth Edges Up to 0.8% in March, Extending Monetary Expansion

UK M4 money supply growth accelerated slightly in March 2026, rising 0.8% month-over-month compared with a 0.7% increase in February 2026. The latest data, updated on 1 May 2026, point to a modest pickup in broad money growth, suggesting that liquidity in the UK financial system continued to expand at a measured pace.

The month‑over‑month comparison shows that March’s gain built on the previous month’s momentum rather than marking a reversal. In February, M4 grew 0.7% versus January, and the March reading indicates a small but consistent strengthening in the pace of monetary expansion.

The M4 aggregate, which captures a wide range of money holdings in the economy, is closely watched as an indicator of underlying financial conditions. The incremental rise from February to March will be monitored by markets and policymakers as they assess the trajectory of credit, spending, and inflation dynamics in the months ahead.