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Germany’s current account posted a surplus of €19.0 billion in June 2026, up €10.1 billion on the previous month’s level. This was mainly attributable to the swing to a surplus in invisible current transactions, which comprise services as well as primary and secondary income. There was also a higher surplus in the goods account.

The team of the Regional Office in Hesse offers lectures for students on topics concerning central banking and monetary policy. The offers are free of charge.

Der Median der von den Verbraucherinnen und Verbrauchern in den vergangenen zwölf Monaten wahrgenommenen Inflation verringerte sich leicht. Gleiches gilt für den Median der Erwartungen bezüglich der Inflation in den kommenden zwölf Monaten und in drei Jahren, während jener bezüglich der Inflation in fünf Jahren unverändert blieb.

For non-business clients, the Bundesbank offers cash-related services for the settlement of small-scale transactions. However, given that the minimum requirements applicable for transactions effected by business clients do not apply to non-business clients, the range of cash-related services available to these customers is limited.

The Commercial Real Estate Price Index (GIP) was developed through a collaboration between vdpResearch and the Deutsche Bundesbank and is based on transaction data reported to vdpResearch by a large number of banks regarding their financing activities.

With the amending directive to the BRRD (Directive (EU) 2017/2399), the creditor hierarchy was harmonised by the EU legislator (the new creditor hierarchy).

In its role as fiscal agent of the Federal Government the Bundesbank fulfills different tasks related to the issuance and settlement of Federal securities.