Money supply slightly up in November

Money supply M3 increased in November by PLN 4.5 billion (0.4 percent) in nominal terms reaching PLN 1.033 trillion, according to data published by NBP. Households deposits recorded the highest increase, of PLN 4.8 billion to reach PLN 576.6 billion. Meanwhile, their indebtedness also increased, by PLN 1.5 billion to PLN 593.5 billion. Enterprises’ volume of deposits also grew last month, by PLN 4 billion to a total of PLN 213.5 billion, while their debt rose by PLN 3.4 billion to PLN 303 billion. On the other hand, bank deposits of non-monetary financial institutions recorded a drop of PLN 4.5 billion to PLN 49 billion. Their debt grew by PLN 2.9 billion to a total of PLN 52 billion.