Following significant GDP growth in the previous quarter, the German economy is likely to stagnate in the first quarter of 2026 in seasonally adjusted terms, according to the March issue of the Bundesbank’s Monthly Report. Industry’s weak competitive position, continued low capacity utilisation and a lag in the impact of government stimuli are dampening developments. The Middle East conflict is a source of additional burdens, especially as a result of rising energy prices, and these factors are keeping the inflation outlook particularly uncertain at present.

Prices of commercial real estate – especially office and retail buildings in Germany’s seven major cities – have risen in previous years. Accordingly, net initial yields have dropped noticeably.

The nominal effective exchange rates of the euro condense bilateral exchange rates against multiple countries into a single index. As an aggregate, they capture changes in euro exchange rates against various groups of currencies of key trading partners.

The customer classification is made available to institutions subject to reporting requirements which have to classify economic agents by sector for Bundesbank statistics. For this purpose a sectoral breakdown with explanations is published in the Special Statistical Publication 1 which corresponds to the classification used in the "European System of Accounts (ESA 95)".

The term structure of interes rates in the debt securities market shows the connection between the interest rates and maturities of default-free zero coupon bonds.

Die Finanzsanktionen gegenüber dem Iran dienen der Durchführung von Maßnahmen des Sicherheitsrats der Vereinten Nationen und der Europäischen Union.

Within the framework of banking statistics, information on the assets and liabilities of all monetary financial institutions (MFIs) in Germany is collected on a monthly basis. In addition, more detailed information on important balance sheet items is obtained through quarterly surveys.

The statistics on the banks' profit and loss accounts have been released on an annual basis since 1968. This involves the evaluation of the profits and losses calculated from the annual accounts which the banks must submit to the Bundesbank pursuant to section 26 of the Banking Act (Kreditwesengesetz).

Bundesbank’s external position stood at €909 billion at the end of March 2026, with claims from the TARGET2 payment system worth €1031 billion making up around 65 % of total assets. These are followed by international reserves, comprising gold and foreign exchange reserves, including the special drawing rights allocated by the International Monetary Fund (IMF), which account for a total of 27 % of assets. At 87 %, issuance of euro cash accounted for the bulk of liabilities. Deposits of non-euro area residents amount to 5 % of foreign liabilities.