Money supply up in June

Money supply M3 increased in June by PLN 12.2 billion (1.1 percent m/m) in nominal terms reaching PLN 1.078 trillion, according to data published by NBP. Enterprises' deposits recorded the highest increase, of PLN 10.1 billion to reach PLN 224.1 billion. Meanwhile, their indebtedness also increased, by PLN 6.4 billion to PLN 313.5 billion. Households' volume of deposits also grew last month, by PLN 3.9 billion to a total of PLN 609.1 billion, while their debt rose by PLN 5.2 billion to PLN 624.5 billion. On the other hand, debt of non-monetary financial institutions recorded an increase of PLN 8.3 billion to reach PLN 158.9 billion.