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FX.co ★ Poland’s M3 Money Supply Growth Accelerates to 11.5% YoY in March

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typeContent_19130:::2026-04-23T12:00:00

Poland’s M3 Money Supply Growth Accelerates to 11.5% YoY in March

Poland’s broad money supply (M3) grew 11.5% year-on-year in March 2026, up from a previously recorded 10.6% annual increase, according to data updated on 23 April 2026. The figures are based on a year-over-year comparison, measuring changes in March 2026 against March of the previous year.

The previous reading, also referenced for March 2026, showed M3 expanding at 10.6% year-on-year, indicating that the latest update reflects a stronger pace of monetary expansion than previously recorded. The year-over-year methodology compares each reported month with the same month a year earlier, while the “previous” value represents the earlier month’s change versus its corresponding month a year before.

The acceleration in M3 suggests a continued rise in the liquidity available in Poland’s economy, a key indicator closely watched by analysts for signals about domestic demand, credit conditions, and potential inflationary pressures.

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