Monthly Reports from August 1948 until today
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The Monthly Reports from 1948 to 1999 have been scanned. They are available as image files and cannot be searched as full texts.
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Monthly Report - April 2015
The April 2015 Bundesbank Monthly Report contains articles on labour market-related government expenditure, structural changes in the German banking sector and transaction-related circulation trends in euro coins in Germany.
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Monthly Report - March 2015
The March 2015 edition of the Bundesbank's Monthly Report describes how macroprudential policy impacts on monetary policymaking and presents some of the ways in which the regulatory framework underpinning European monetary union can be strengthened. It also looks into Germany's 2014 balance of payments and includes an article on the methodology and results of the securities holder statistics and the role they play in analysing the ownership of securities in Germany and Europe.
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Monthly Report - February 2015
The Monthly Report February 2015 comments on the economic situation in Germany in winter 2014/2015.
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Monthly Report - January 2015
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.
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Monthly Report - December 2014
The Monthly Report December 2014 describes the outlook for the German economy based on macroeconomic projections for the years 2015 and 2016 and comments on the financing and profitability of German enterprises in 2013.
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Monthly Report - November 2014
The Monthly Report November 2014 comments on the economic situation in Germany in autumn 2014.
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Monthly Report - October 2014
The Monthly Report October 2014 describes the methodological changes in the financial accounts, comments on the embedment of the German economy in the international division of labour and presents the Single Supervisory Mechanism of the European banking union.
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Monthly Report - September 2014
The September 2014 edition of the Monthly Report discusses general trends and changes in the ownership structure in the German equity market that occurred during the financial crisis and also contains an article on the reform of federal financial relationships. A further article analyses the performance of German credit institutions in 2013.
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Monthly Report - August 2014
The Monthly Report August 2014 comments on the economic situation in Germany in summer 2014.
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Monthly Report - June 2014
The June 2014 edition of the Monthly Report explains – beside the outlook for the German economy as macroeconomic projections for 2014 and 2015 – Europe’s new recovery and resolution regime for credit institutions. It furthermore comments on the changes in the methodology and classification of the balance of payments and the international investment position. In the end, cash withdrawals at the point of sale against the background of motives for use and implications for cash holding are described.