The Central Bank of Poland released data showing that M3 money supply rose by PLN 49.4 billion in September 2026 to PLN 2,973.1 billion at month-end. Higher deposits and other claims of households and nonfinancial corporations, alongside increased cash in circulation, were the main drivers. Household deposits and other claims included in M3 increased by PLN 17.3 billion, or 1.1%, to PLN 1,545.7 billion. Those of nonfinancial corporations rose by PLN 12.7 billion, or 2.1%, to PLN 629.4 billion. Cash in circulation grew by PLN 8.4 billion, or 1.7%, to PLN 500.8 billion. Debt also increased across the reported sectors. Other financial institutions’ debt rose by PLN 10.4 billion, or 4.0%, to PLN 267.0 billion. Household debt increased by PLN 6.9 billion, or 0.8%, to PLN 882.7 billion, while nonfinancial corporations’ debt grew by PLN 3.2 billion, or 0.7%, to PLN 495.6 billion. Net debt of central government entities rose by PLN 23.8 billion, or 3.9%, to PLN 626.7 billion.
Central Bank of Poland reports PLN 49.4 billion rise in M3 money supply in September 2026
The Central Bank of Poland reported that M3 money supply increased by PLN 49.4 billion in September 2026 to PLN 2,973.1 billion, mainly reflecting growth in household and corporate deposits and other claims, and cash in circulation. Debt increased among households, nonfinancial corporations and other financial institutions, while central government entities’ net debt rose by PLN 23.8 billion to PLN 626.7 billion.