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Monthly Report: Consumer prices rising more strongly than expected


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.

Monthly Report: Consumer prices rising more strongly than expected
Man in the interior of an airplane
Economic recovery stalled at end of year


The economic recovery in Germany was brought to a standstill in the final quarter of 2020, the Bundesbank writes in its latest Monthly Report, stating that this was due to resurgent infection rates and the tightening of containment measures. Economic activity was consequently still almost 4% down on the pre-crisis level of the fourth quarter of 2019.

Economic recovery stalled at end of year
Cargo ship in a container port
Livestream: Presentation of the Annual Report 2020


Bundesbank President Jens Weidmann and Johannes Beermann, the Executive Board member responsible for controlling and accounting, will present the Annual Report 2020 at 11:00 on 3 March 2021. The virtual press conference will be streamed live on the internet.

Virtual press conference presenting the Annual Report 2020
 View through a camera eyepiece of Jens Weidmann at a press conference
Central bank digital currencies – the future of money?


According to Bundesbank Executive Board member Burkhard Balz, the digital economy will change the payment landscape quite significantly. Therefore, it is the responsibility of the cen-tral bank to create trust in its currency and to ensure that payments remain competitive and safe. “We also have to ensure that central bank money will be offered in a way that is compatible with the digital economy,” he said in a speech.

Central bank digital currencies – the future of money?
Burkhard Balz
Speech by Jens Weidmann
Weidmann: All of us should do more to combat climate change
The current figure – €6.25 percent
Urban house price growth in Germany unabated
Open-air-exhibition in Magdeburg
Bundesbank presents open-air exhibition in Magdeburg
Household inflation expectations rise in December
Bargeld Schein Übergabe
More counterfeit €10 and €20 banknotes in circulation
Image of the video on the Household Inflation Expectation Survey
What are households expecting?
Claudia Buch
Statement by Vice President Claudia Buch on the Financial Stability Review 2020
Euro reference rate of the ECB to the US dollar
Interest rates
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