Poland's money supply M3 decreased by 0.2% m/m and grew by 5.7% in annual terms to PLN 955.80bn (EUR 227.21bn) at the end of November of 2013, according to the data of the National Bank of Poland (NBP).
A month earlier, the annual growth was 5.9%. Market consensus was the rise of 6.2-6.4% y/y.
Cash in circulation was up by 0.5% on the month and rose by 11.8% y/y to PLN 113.72bn.
As of March of 2002, broad money M3 became basic analytical and publication category of money supply in Poland.
Eurozone manufacturing activity expanded at the fastest pace in nearly four years in April as factories rushed to build safety stocks ahead of expected price rises and supply shortages linked to the ... more
Polish state development bank BGK will launch operations in Ukraine following the signing of a cooperation agreement between the two countries’ economic ministries, reported Ukraine Business News. ... ... more
Ukrainian financial services group NovaPay has launched a European version of its mobile application, aimed at Ukrainians and EU residents, in partnership with Polish payment institution Quicko, ... more