The growth rate of MA halves

Apologies for not updating our data section as often as we'd like, but October figures are now out and show an interesting decline in the growth rate of MA, from +8% in July, August and September, to +4% in October 2012. M4ex continues to grow at a palsy rate of >4%, whilst the old measure of broad money, M4 continues to contract.

 

See here for more details.