The Central Bank of Poland published June 2025 monetary statistics showing that the M3 money supply increased by PLN 15.9bn to PLN 2,585.8bn, with the main contribution coming from a rise in deposits and other claims of non-financial corporations. Within M3, deposits and other claims increased by PLN 22.0bn (4.3%) to PLN 538.1bn for non-financial corporations and by PLN 1.6bn (0.1%) to PLN 1,376.9bn for households, while they fell by PLN 7.5bn (9.5%) to PLN 71.2bn for other financial institutions and by PLN 4.6bn (4.0%) to PLN 110.1bn for local government. Debt of non-financial corporations rose by PLN 11.6bn (2.7%) to PLN 444.6bn, while debt fell by PLN 4.6bn (2.0%) to PLN 220.6bn for other financial institutions and by PLN 0.2bn to PLN 808.6bn for households; net debt of central government decreased by PLN 3.7bn (0.8%) to PLN 488.4bn.
Central Bank of Poland 2025-07-22
Central Bank of Poland reports June rise in M3 driven by higher corporate deposits
The Central Bank of Poland reported a PLN 15.9bn increase in the M3 money supply for June 2025, reaching PLN 2,585.8bn, primarily driven by a rise in deposits and other claims of non-financial corporations. Deposits for non-financial corporations increased by PLN 22.0bn, while those for households rose by PLN 1.6bn. Debt of non-financial corporations increased by PLN 11.6bn, whereas net debt of the central government decreased by PLN 3.7bn.