FX.co ★ UK M4 Money Supply Growth Slows in May, Signalling Softer Liquidity Expansion

The United Kingdom’s M4 money supply growth eased in May 2026, underscoring a slight cooling in monetary expansion momentum. Month-over-month, M4 rose by 0.1%, down from a 0.2% increase recorded in April 2026.

According to the latest data update on 29 June 2026, the current reading reflects a comparison of May’s money supply growth against April, while the previous figure measured April’s change relative to March. The deceleration suggests a modest tightening in overall liquidity conditions, which markets may watch closely for potential implications for credit growth, financial conditions and the broader economic outlook in the coming months.