Archive of topic posts
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German economy has slumped since mid-March
15.06.2020 DE
A new weekly activity index (WAI) published by the Bundesbank is designed to measure real economic activity in Germany in a timely manner. Measured by the WAI, economic activity between 16 March and 14 June 2020 was 7.4% below the activity recorded between 16 December 2019 and 15 March 2020.
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© Karl-Hendrik Tittel / Adobe StockBundesbank projections: German economy will recover after deep recession
Following the severe recession in the first half of this year, the German economy is likely to recover again. According to current Bundesbank projections, economic output will contract by 7% in 2020, yet in the next two years, real gross domestic product (GDP) could then increase by 3 to 4% per year.
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© SusanneB / GettyimagesNew indicator provides timely picture of macroeconomic situation
20.05.2020 DE
A new weekly activity index (WAI) for the German economy has been developed at the Bundesbank to assess the impact of the COVID-19 crisis on the economy from a near-time perspective. The Bundesbank is using this new indicator as an input in its short-term economic analysis.
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© foto_tech / AdobeStockHouseholds continue to rely on low-risk investments
19.05.2020 DE
Persistently low interest rates had various effects on financial investment in Germany in 2019. According to the Bundesbank’s latest Monthly Report, while households generally preferred low-risk and liquid forms of investment, a certain degree of searching for yield was evident among financial corporations.
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© yurolaitsalbert / Adobe StockGerman economy slumps across the board
“German economic output underwent a massive decline in the first quarter of 2020 owing to the COVID-19 pandemic and the measures taken to contain it,”
the Bundesbank notes in the current issue of the Monthly Report. Since these measures were still in place in April and substantial restrictions are likely to persist in spite of an easing in some cases, the experts expect economic output in the second quarter to be significantly lower still. -
© Monty Rakusen / Getty ImagesGerman economic output down sharply owing to coronavirus
15.05.2020
According to preliminary calculations by the German Federal Statistical Office, German economic output fell by 2.2% in the first quarter of 2020. “This was the largest decline since the global financial and economic crisis in 2008/09 and the second-largest decline since German unification,” the experts in Berlin said.
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Bundesbank statistics provide exchange rates for 192 countries
12.05.2020 DE
The exchange rate statistics represent a collection of current and historical exchange rates for the euro and the US dollar in 192 countries. The Bundesbank provides additional data on topics such as exchange rate arrangements and monetary history for all of these countries.
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© Nils ThiesWuermeling: Supervisory reforms since the last crisis worth their weight in gold
According to Bundesbank Executive Board member Joachim Wuermeling, the situation is stable. “The current crisis shows that we, as supervisors, have learned the right lessons from the last crisis. Many of the measures, which, in some cases, came under sharp criticism, are now proving to be worth their weight in gold,” according to Mr Wuermeling.
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© Norman Kriese / EZB
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© Mitch Shark /Adobe StockCoronavirus pandemic plunges German economy into severe recession
20.04.2020 DE
“The coronavirus pandemic and the measures taken to contain it have plunged the German economy into a severe recession,”
according to the Bundesbank’s latest Monthly Report. At present, it is all but impossible to tell with any degree of certainty how large the decline in overall economic activity will eventually be, the Monthly Report states