FXstret.com (Barcelona) - On yearly basis the growth of M4 declined to the level of 11.7% in November from the 11.8% posted in October, according to the latest report by the Bank of England.

The monthly change in the figure was an increase by 0.5% in November following the 0.2% reading seen in October; these data imply a net change of 8.7 billion pounds in November, up from the 3.9 billion registered in October.

M4 lending rose by 0.8% in November, an increase of 16,5 billion pounds, while on yearly basis the increase was of 12.8%. In October lending rose by 0.9%, a 19.0 billion pounds rise, and was up by 13.5 compared with October 2006.