January's M3 money supply up y/y - central bank

Poland’s M3 money supply grew in January 2021 by 16.8 percent year on year and fell by 0.1 percent month on month to PLN 1.82 trillion (EUR 404 billion), the National Bank of Poland (NBP) announced on Monday.

Household deposits grew by 0.2 percent month on month to PLN 979.19 billion (EUR 217.6 billion).

Corporate deposits fell by 1.7 percent month on month to PLN 370.03 billion (EUR 82.2 billion).

Loans in the household sector decreased by 0.1 percent from December 2020 to PLN 787.9 billion (EUR 175.1 billion) while loans in the corporate sector went up by 1.4 percent month on month to PLN 327.3 billion (EUR 82.7 billion).