Money supply in April 2019
Publication date: 24-05-2019
In April 2019, the M3 money supply rose by PLN 9.9bn. The growth was mostly driven by an increase in household and corporate deposits.
According to data released by Narodowy Bank Polski on 24 May 2019, the M3 aggregate, reflecting the total supply of money, stood at PLN 1,467.1bn as at the end of April 2019, i.e. PLN 9.9 bn more than at the end of March 2019.
In April 2019, the stock of household deposits and other household claims on banks which are included in the M3 aggregate increased by PLN 3.1 bn, i.e. 0.4%, to PLN 833.6bn. Deposits and other claims of local government institutions on banks decreased by PLN 1.5bn, i.e. 4.0%, to PLN 36.6bn. Corporate deposits and other claims of corporates on banks increased by PLN 4.0bn, i.e. 1.5%, to PLN 276.4bn.
Household debt rose by PLN 2.3bn, i.e. 0.3%, to PLN 735.8bn. The stock of banks’ claims on corporates decreased by PLN 1.4bn to PLN 389.6bn, while the net debt of central government entities fell by PLN 7.8bn, i.e. 2.9%, to PLN 264.8bn.
See full money supply data