NBP: Money supply up in March

Money supply M3 increased in March by PLN 3.6 billion (0.3 percent m/m) in nominal terms reaching PLN 1.163 trillion, according to data published by the NBP. Deposits of local government institutions recorded an historic increase of 7 percent - up to PLN 32.1 billion. Meanwhile, the value of corporate deposits decreased by PLN 4.6 billion to PLN 230.5 billion. Households' volume of deposits grew in March by PLN 3.5 billion to a total of PLN 661.9 billion. Debt of central government recorded an increase of PLN 7.5 billion and reached PLN 226.3 billion, while non-monetary institutions debt increased by PLN 2.7 billion up to PLN 54.7 billion.