South Africa’s M3 money supply growth slowed to 8.57% year-on-year in July from a revised 9.31% in June, marking a second consecutive month of deceleration. The United Kingdom’s M4 money supply grew 4.5% year-on-year in July, down from a revised 5% in June. An earlier topic record listed the UK July figure as 0.5%, but the latest data provided here gives 4.5%. M3 and M4 are broad measures of money supply that track currency, deposits and other liquid assets. The South African moderation offers limited reassurance on inflation, while the UK slowdown suggests easing money creation as the Bank of England uses interest-rate policy and quantitative tightening to manage liquidity and persistent price pressures.