Money supply up by 10.1% in January

Money supply M3 increased in January by 10.1 percent y/y and declined by 0.4  percent m/m in nominal terms reaching PLN 1.151 trillion, according to data published by NBP. Enterprises' deposits recorded decreases of PLN 12.3 billion (the highest m/m) to reach PLN 237.1 billion. Households' volume of deposits grew last month m/m by PLN 6.9 billion to a total of PLN 652.9 billion, the central bank also said.