NBP: Money supply up by PLN 10 bln

The M3 Money supply increased in May by PLN 10 billion (0.9 percent m/m) in nominal terms reaching PLN 1.188 trillion, according to data published by the NBP. Deposits of local government institutions recorded a historic increase of 9.3 percent - up to PLN 35.8 billion. Meanwhile, the value of corporate deposits decreased by PLN 4.9 billion to PLN 242.2 billion. Households' volume of deposits grew in May by PLN 2.4 billion to a total of PLN 668 billion.