The January 2019 edition of the Bundesbank’s Monthly Report looks into how a normalisation of interest rates will impact on balance sheets in the euro area’s private non-financial sector and explores price competitiveness in a number of euro area countries in terms of the development, drivers and influence of labour market reforms. The Report also features an analysis of financial cycles in the euro area and sheds light on International Financial Reporting Standard (IFRS) 9 from a banking supervision angle.

The March 2017 Monthly Report sheds light on Germany’s balance of payments for 2016 and outlines the cyclical adjustment procedures carried out by the federal states as part of the debt brake.

The July 2012 monthly report contains: The euro as an anchor currency and core of a currency bloc; Deutsche Bundesbank Spring Conference 2012 – monetary policy, inflation and international linkages; The new CPSS-IOSCO Principles for financial market infrastructures.

The January 2017 Monthly Report contains an article on the Eurosystem’s asset purchases and the euro exchange rate. In addition, it analyses how debt levels have developed in the non-financial private sector in selected euro-area countries.

The September 2013 Monthly Report explains the performance of German credit institutions in 2012 and the development of government interest expenditure in Germany. In addition, a workshop report to predictive models in the short-term economic analysis is included.

The January 2015 edition of the Monthly Report comments on the decline in the elasticity of global trade relative to global economic activity and describes the Common Credit Assessment System for assessing the eligibility of Enterprises.

The October 2016 Monthly Report explains selected aspects of local government finances and their evolution over time and describes the significance and impact of high-frequency trading on the German capital market