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Acquisition of financial assets and external financing in Germany in the first quarter of 2022 Results of the financial accounts by sector
At the end of the first quarter of 2022, German households’ financial assets amounted to €7,558 billion. This was €36 billion lower than in the previous quarter. Households‘ financial situation thus fall for the first time in two years.
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Bundesbank projection: German economy picking up at an increasing pace
04.12.2015 DE FR
The Bundesbank sees the German economy as still being on a sound growth path. For 2017, it has, in fact, raised its earlier projection. According to Bundesbank President Weidmann, the cyclical tailwind is being sustained chiefly by the favourable labour market situation and substantial increases in households' real disposable income.
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Growth in renminbi business in Germany
Renminbi trade in Germany has experienced strong growth: German-issued securities denominated in renminbi (RMB) have more than quadrupled since last spring. The issuance of numerous "Goethe bonds" and other debt securities caused the volume to rise from just under RMB 5 billion to over RMB 21 billion.
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New Bundesbank projection: German economy picking up at an increasing pace
The German economy is currently following a growth path that is primarily underpinned by domestic demand. Commenting on the Bundesbank's latest semi-annual projection, the Bank's President Jens Weidmann said:
"The main drivers are the favourable labour market situation and substantial increases in households' real disposable income, though foreign trade is currently being hampered by frail demand from the emerging market economies."
This is making itself felt on industrial investment, the Bundesbank's economists write. -
Weidmann: Greater monetary policy leeway needed
31.01.2019 DE FR
Bundesbank President Jens Weidmann sees Brexit and the global trade dispute as the two largest risks to Germany’s economy. In a speech delivered in Mannheim, he called on politicians to resolve the conflicts.
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Speech delivered at the 10th anniversary celebration of the House of Finance
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Outlook for winter increasingly gloomy
22.08.2022 DE FR
Economic output in Germany stagnated in the second quarter of 2022. Although the services providers which had been constrained during the pandemic received a boost, high price increases and uncertainty in connection with the war in Ukraine weighed on households and enterprises, according to the Bundesbank’s latest Monthly Report. In addition, the unfavourable developments on the gas market are clouding the future outlook and, according to the Bundesbank, are increasing the likelihood of a decline in gross domestic product in the fourth quarter of 2022 and the first quarter of 2023.