The Central Bank of Poland published monetary statistics showing the M3 money supply rose by PLN 42.7bn in March 2026 to PLN 2,804.4bn at end-month. The increase was mainly driven by higher household deposits and other claims, alongside a rise in cash in circulation. Within M3, household deposits and other claims increased by PLN 19.1bn (1.3%) to PLN 1,480.9bn, social security funds sector deposits by PLN 3.9bn (35.5%) to PLN 15.0bn, and local government institutions deposits by PLN 2.9bn (2.3%) to PLN 126.9bn. Money in circulation increased by PLN 8.4bn (1.8%) to PLN 468.0bn. On the counterparts side, net debt of central government entities rose by PLN 10.1bn (1.6%) to PLN 627.9bn, while debt increased for other financial institutions by PLN 8.0bn (3.7%) to PLN 220.7bn, households by PLN 6.5bn (0.8%) to PLN 843.1bn, and non-financial corporations by PLN 5.5bn (1.2%) to PLN 479.2bn.
Central Bank of Poland 2026-04-23
Central Bank of Poland reports March M3 up PLN 42.7bn to PLN 2,804.4bn
The Central Bank of Poland reported that M3 money supply increased by PLN 42.7bn in March 2026 to PLN 2,804.4bn, mainly driven by higher household deposits and other claims, and a rise in cash in circulation. Within M3, household deposits and other claims rose by PLN 19.1bn to PLN 1,480.9bn and money in circulation increased by PLN 8.4bn to PLN 468.0bn, while on the counterparts side net debt of central government entities grew by PLN 10.1bn to PLN 627.9bn and debt of other financial institutions, households and non-financial corporations also increased.