M3 Money Supply (YoY)

Date Time Left   Event Impact Previous Consensus Actual
Aug 12, 12:00  M3 Money Supply (YoY) 7.1% 7.3%

M3 Money Supply (YoY)

The M3 Money Supply released by the National Bank of Poland measures all the Polish Zloty´s in circulation, encompassing notes and coins as well as money held in bank accounts. It is considered as an important indicator of inflation, as monetary expansion adds pressure to the exchange rates. An acceleration of the M3 money is considered as positive for the Zloty, whereas a decline is as negative.

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