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).

Professor Axel A Weber, President of the Deutsche Bundesbank, London School of Economics

Consumer prices in Germany were up sharply at the start of the year, partly because households’ consumption behaviour has changed in certain areas during the coronavirus pandemic, as shown by an analysis in the current issue of the Monthly Report.