Markets

Polish May M3 money supply rose by 5.3pc y/y

Published June 13, 2014 Updated June 13, 2014 12:58pm

WARSAW: Poland's M3 money supply rose 5.3 percent year-on-year in May, slightly below expectations, central bank data showed on Friday.

Analysts in a Reuters poll expected the M3 figure -- a broad measure of cash in circulation, money market funds and bank deposits with a term of up to two years -- to be up 5.5 percent year-on-year last month.