Bundesbank President Jens Weidmann sees Brexit and the global trade dispute as the two largest risks to Germany’s economy. In a speech delivered in Mannheim, he called on politicians to resolve the conflicts.

The German economy is currently following a growth path that is primarily underpinned by domestic demand. Commenting on the Bundesbank's latest semi-annual projection, the Bank's President Jens Weidmann said: "The main drivers are the favourable labour market situation and substantial increases in households' real disposable income, though foreign trade is currently being hampered by frail demand from the emerging market economies." This is making itself felt on industrial investment, the Bundesbank's economists write.

The German current account recorded a surplus of €18.8 billion in March 2022, down €2.3 billion on the previous month’s level.

Cash continues to be the most frequently used means of payment in Germany, although cashless payments are increasing their share. These are the findings of the Bundesbank’s sixth study on payment behaviour in Germany for 2021. Respondents used banknotes and coins to make a total of 58% of their payments for purchases of goods and services, compared with 74% in the Bundesbank’s last major study from 2017. The lower use of cash was mainly due to the increase in online purchases during the coronavirus pandemic.