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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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Forecasting with log-linear (S)VAR models: Incorporating annual growth rate conditions Discussion paper 35/2025: Frieder Mokinski, Markus Roth
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Seasonally adjusted business statistics Tables of the Statistical Series
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International investment position and external debt Tables of the Statistical Series
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Local peer effects and corporate investment Discussion paper 34/2025: Yangming Bao, Martin R. Goetz
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Kosten von Zahlungsmitteln im Einzelhandel
Die vorliegende Studie untersucht die Kosten, die durch den Einsatz von Bargeld und bargeldlosen Bezahlverfahren im stationären Einzelhandel und in verwandten Branchen entstehen.
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Zusammenfassung der geldpolitischen Sitzung des Rates der Europäischen Zentralbank am 29.-30. Oktober 2025
402 KB, PDF
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Shaping the financial cycle through monetary policy Discussion paper 33/2025: Martin Kliem, Norbert Metiu
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