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United Kingdom M4 Money Supply MoM fell to 0.1% in September 2026, released October 2026, down 0.3% from August's 0.4% reading. The reading missed the 0.3% consensus by 0.2%. The print is running well below the 12-month average of 0.33%. Over the past 3 months, M4 Money Supply MoM averaged 0.05%, vs 0.37% in the prior 3-month window. The reading is in the 33rd percentile of the trailing 24-month range.
across last 12 releases
Oct 2026
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| DAX | ▲ Direct | +0.58 | INDEX | Moves with | → View |
| S&P 500 | ▲ Direct | +0.55 | INDEX | Moves with | → View |
| FTSE 100 | ▲ Direct | +0.53 | INDEX | Moves with | → View |
| Euro STOXX 50 | ▲ Direct | +0.42 | INDEX | Moves with | → View |
| BTC/USD | ▲ Direct | +0.42 | CRYPTO | Moves with | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
M4 Money Supply MoM (United Kingdom) was reported at 0.1% in October 2026. This missed the market consensus of 0.3% by 0.2%. The reading fell from the previous value of 0.4%. Trailing 12-month context per ETL data through October 2026. Over the past 12 months, the indicator has averaged 0.25%, ranging from -0.3% to 0.8% across 11 releases.
The trailing three releases averaged 0.07%, down from the prior three at 0.37%. Volatility over the past year (σ 0.36%) is comparable than the prior year (σ 0.36%). In October readings over the past 3 years, M4 Money Supply MoM has averaged 0.05%.
Historically, this indicator is positively correlated with DAX (Bullish DAX). A secondary relationship exists with S&P 500, positively correlated (Bullish S&P 500). Over the last 12 releases, the Sigmacast model's median absolute error is 0.48%.
Same-country events in the next 14 days include CFTC GBP speculative net positions (Oct 30) and S&P Global Construction PMI (Nov 5).
Auto-generated from current model state · Refreshes on each release · Last update October 2026.
M4 Money Supply MoM is a financial indicator that measures the month-over-month change in the broadest measure of money supply in an economy. It includes all physical currency, demand deposits, time deposits, and other liquid assets held by households, businesses, and financial institutions. This indicator provides valuable insights into the overall liquidity and spending power of an economy, making it a key tool for analyzing monetary policy and economic growth.
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
Latest reading (Sep 2026): actual 0.1 %, consensus 0.3 %. Prior reading (Aug 2026): 0.4 %. Before that (Jul 2026): -0.3 %.
Sigmacast's 1-month forecast points to a materially lower reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection. This indicator correlates most strongly with DAX (Bullish DAX, r=0.58) — a useful reference for index-focused traders.
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| Thursday, October 29, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 00:01 | Auto Production YoY | 38.6 | 6.1 | 5 | 21.80 | Low | |
| 09:30 | BoE Consumer Credit | 1.914 | 2.683 | 2.2 | 2.06 | Medium | |
| 09:30 | M4 Money Supply MoM | 0.1 | 0.4 | 0.3 | 0.20 | Low | |
| 09:30 | Mortgage Approvals | 53.44 | 54.81 | 54 | 53.72 | Medium | |
| 09:30 | Mortgage Lending | 3.87 | 4.17 | 4.2 | 4.04 | Medium | |
| 09:30 | Net Lending to Individuals | 5.8 | 6.9 | 6.2 | 6.00 | Low | |
| Friday, October 30, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 07:00 | Nationwide Housing Prices YoY | 0.5 | 0.8 | 0.6 | 0.55 | Medium | |
| 07:00 | Nationwide Housing Prices MoM | 0 | -0.3 | -0.1 | -0.08 | Medium | |
| 09:30 | Inflation Rate | 3.4 | 3.3 | 3.4 | 3.40 | High | |