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German economic activity stabilised slightly at the beginning of the year, but outlook significantly gloomier
24.04.2025 DE
“Economic output in Germany is likely to have increased slightly in the first quarter of 2025, but could suffer a setback in the second quarter,” the Bundesbank writes in its latest Monthly Report. Construction and industrial output, for instance, were up recently. Retail sales also continued to grow in January and February. However, according to the Bundesbank’s economists, the outlook for the second quarter is gloomy, not least given the US administration’s tariff policy.
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Reopening Treasury discount paper of the Federal Republic of Germany (“Bubills”) – Auction result
173 KB, PDF
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Invitation to bid by auction – Reopening of five-year Federal notes (Bundesobligationen – “Bobls”) series 191
175 KB, PDF
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Announcement of the basic rate of interest as of 1 January 2025: adjustment to 2.27%
The Deutsche Bundesbank calculates the basic rate of interest pursuant to Section 247(1) of the German Civil Code (Bürgerliches Gesetzbuch) and publishes its current level in the Federal Gazette (Bundesanzeiger) pursuant to Section 247(2) of the German Civil Code.