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Polish Jan M3 money supply up 5.5pc y/y, below forecast

Published February 14, 2014 Updated February 14, 2014 02:23pm

1 min

By Shoaib Ur Rehman

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WARSAW: Poland's M3 money supply rose by an annual 5.5 percent in January, the central bank said on Friday, less than the 6.1 percent rise predicted by analysts in a Reuters poll.

The money supply fell 1.6 percent on a monthly basis, the data also showed.

M3 money supply is a broad measure of cash in circulation, money market funds and bank deposits with a term of up to two years.

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