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The Bundesbank expects the economy to stagnate in the second quarter
26.05.2025 DE
Economic output in Germany was up in the first quarter of 2025, the Bundesbank writes in its latest Monthly Report. Exports of goods, in particular, but probably also investment and private consumption increased. However, the Bundesbank economists expect the economy to more or less stagnate in the second quarter. This is due to the wide range of burdens that persist and the additional headwinds caused by the tightening of US tariff policy.
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The global economy needs institutions like the IMF Guest contribution by Joachim Nagel in the Börsen-Zeitung
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Banking statistics, customer classification – July 2026 Special Statistical Publication 2
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Remarks on Enrico Letta’s report “Much more than a market” Panel Discussion “Empowering the Single Market – Opportunities and challenges”
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Time series in the Statistics Portal
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Time series in the New Statistics Portal
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German balance of payments in June 2024
Germany’s current account posted a surplus of € 23.2 billion in June 2024, up € 4.9 billion on the previous month’s level. The goods account surplus decreased, yet the deficit in invisible current transactions narrowed to a far greater extent.
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German balance of payments in February 2025
The German current account recorded a surplus of €20.0 billion in February 2025, up €5.0 billion on the previous month’s level. The surplus in invisible current transactions, which comprise services as well as primary and secondary income, declined slightly. However, the surplus in the goods account rose even more strongly.