Money supply up in August, deposits and debts increase across the board

Money supply M3 increased in August by over PLN 18 billion reaching PLN 1.02 trillion. Non-monetary financial institutions recorded the highest increase in deposits, of PLN 7.8 billion to PLN 56.5 billion. Their debt grew by PLN 2.2 billion to a total of PLN 47.7 billion. Enterprises’ volume of deposits also grew last month, by PLN 5.5 billion to a total of PLN 205.4 billion, while their debt rose by PLN 5.4 billion to PLN 566.1 billion. Households deposits rose by PLN 2.2 billion to PLN 566.1 billion. Meanwhile, their indebtedness also increased, by PLN 5.6 billion to PLN 587.1 billion, mainly as a result of the weakening złoty. In real terms, household debt increased by PLN 2.4 billion.