The United Kingdom Money Supply in October remained low and is still contracting, where although that is good news for the BoE on inflation fears it still is worrisome over credit growth and the normalization of economic conditions that continue to worsen.

The M4 money supply dropped 0.3% on the month following 0.4% decline in September and on the year it fell 2.7% deepening the drop from the previous month's 1.7% decline.