German economic output rose significantly in the fourth quarter of 2025, according to the Monthly Report. Growth towards the end of the year was primarily driven by private and government consumption. Households probably also benefited from strong wage growth. Industry grew its production and construction output rose significantly. According to the experts, there is no sign of any short-term trend reversal for the better in the labour market. The inflation rate stood at around 2 % at the turn of the year.

The branches of the Bundesbank supply the economy with euro banknotes and coins, and offers private customers the opportunity to exchange D-Mark banknotes and coins free-of-charge and with no fixed deadline.

Germany’s current account recorded a surplus of €16.1 billion in December 2025, up €1.9 billion on the previous month’s level. Although the surplus in the goods account decreased, the surplus in invisible current transactions, which comprise services as well as primary and secondary income, increased more strongly.

The German government has decided to mint a €2 commemorative coin entitled “Bremen”. Scheduled for issue on 29 January 2026, the coin is part of the “Federal States II” series launched in 2023. One €2 coin will be brought out every year, each celebrating a different federal state and showcasing an emblem that encapsulates the state depicted.

Die Aufsicht über Kredit- und Finanzdienstleistungsinstitute übt die Bundesanstalt für Finanzdienstleistungsaufsicht in Zusammenarbeit mit der Deutschen Bundesbank aus.

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