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Monthly Report – December 2025 Vol. 77 No 12
The Bundesbank’s Forecast for Germany, which provides an outlook on how the German economy is likely to develop in the near future, will be published in the December 2025 edition of the Monthly Report. A second article describes the acceptance of cash in various economic sectors in Germany. In addition, current developments in the card payment market in Germany are discussed within the context of the shift that is occurring in cashless payments. The fourth and final article analyses the profitability and financing of German enterprises in 2024.
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Monthly Report – November 2025 Vol. 77 No 11
The November 2025 edition of the Monthly Report comments on the economic situation in Germany in autumn 2025.
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Monthly Report – October 2025 Vol. 77 No 10
In the October 2025 Monthly Report, one article looks at the finances of the European Union, examining Member States’ financial relationships with the EU in 2024 as well as the multiannual financial framework for the period from 2028 to 2034. In another article, authors analyse the effects of global uncertainty on international portfolio flows.
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Monatsbericht – September 2025 77. Jahrgang, Nr. 9
Der Monatsbericht September 2025 untersucht den Einfluss von Wechselkursänderungen auf heimische Preise in Zeiten hoher Inflation und stellt die Ertragslage der deutschen Kreditinstitute im Jahr 2024 dar. Außerdem werden Optionen für Großbetragszahlungen in digitalem Zentralbankgeld aufgezeigt.
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Monatsbericht – Juli 2025 77. Jahrgang, Nr. 7
Der Monatsbericht Juli 2025 untersucht, was hinter dem mehrjährigen Rückgang der deutschen Exportmarktanteile steckt. Außerdem wird die Sicherheitenverwaltung im Euroraum nach Einführung des Eurosystem Collateral Management Systems (ECMS) erläutert. Ein weiterer Aufsatz befasst sich mit den Hauptergebnissen der jüngsten Überprüfung der geldpolitischen Strategie.
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Monthly Report – June 2025 Vol. 77 No 6
The June 2025 edition of the Monthly Report contains the Bundesbank’s current Forecast for Germany, which provides an outlook for how the German economy is likely to develop in the near future in view of US tariff policy and the new Federal Government’s fiscal package. A second article looks at the review of the Eurosystem’s operational framework for implementing monetary policy. Another article considers the question of when insurees retire and how pension reductions and increases could be determined depending on the timing of retirement.
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Monthly Report – May 2025 Vol. 77 No 5
The May 2025 edition of the Monthly Report comments on the economic situation in Germany in spring 2025.
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Monthly Report – April 2025 Vol. 77 No 4
The April 2025 Monthly Report presents the results of the 2023 household wealth survey. Another article in the report provides an up-to-date overview of the role cash plays in German society. The report also covers the debt situation in the private non-financial sector of the euro area since the start of monetary policy tightening.
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Monthly Report – March 2025 Vol. 77 No 3
The March 2025 Monthly Report contains a proposal to reform the debt brake and investigates access to cash in Germany. In addition to these topics, one article discusses the analysis of monetary policy communications using artificial intelligence. Another article examines the role of central securities depositories in Europe given their importance to the capital markets union. The Monthly Report also takes a look at Germany’s balance of payments in 2024.
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Monthly Report – February 2025 Vol. 77 No 2
The February 2025 monthly report explains the economic situation in Germany at the turn of 2024/25.