Economy
15:35 26 November 2024
Post by: WBJ

NBP: money supply in Oct increased due to increased value of deposits

NBP: money supply in Oct increased due to increased value of deposits
Source: Pexels

In October 2024, money supply in Poland (M3) increased by PLN 36.2 billion, primarily due to higher deposits, as reported by the National Bank of Poland (NBP). By the end of October, the total money supply reached PLN 2,415.4 billion, up from the previous month. Deposits and liabilities in households rose by PLN 17.7 billion (1.4%) to PLN 1,294.1 billion, while in non-financial enterprises, they grew by PLN 14.9 billion (3.0%) to PLN 504.6 billion.

Additionally, the net debt of central government institutions increased by PLN 5.3 billion (1.3%) to PLN 422.0 billion.

(strefainwestorow.pl)


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