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 - August 2020
The August 2020 edition of the Monthly Report comments on the economic situation in Germany in summer 2020.
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Monthly report - July 2020
The July 2020 Monthly Report looks at the German current account surplus through the lens of macroeconomic models and examines the extent to which German households store cash, as well as their reasons for doing so.
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Monthly report - June 2020
The June 2020 edition of the Bundesbank’s Monthly Report outlines Germany’s economic outlook for 2020 to 2022 and features an article on the topic of cash withdrawals and payments in urban and rural areas.
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Monthly Report - May 2020
The May 2020 edition of the Monthly Report comments on the economic situation in Germany in spring 2020.
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Monthly report - April 2020
The Bundesbank’s April 2020 Monthly Report outlines sectoral portfolio adjustments in the euro area during the low interest rate period. It also features an article on the road so far and the road ahead for the EU budget and its financing.
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Monthly report - March 2020
The March 2020 Monthly Report analyses Germany’s balance of payments for 2019 and outlines the statistical data on households’ digital purchases that are contained in the balance of payments. It also includes an article on the challenges ahead posed by new reference interest rates using the implementation of the €STR in the euro area as an example.
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Monthly Report - February 2020
The February 2020 edition of the Monthly Report comments on the economic situation in Germany in winter 2019/2020.
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Monthly Report - January 2020
The January 2020 edition of the Monthly Report analyses the upturn in loans to enterprises in Germany between 2014 and 2019 and describes the consequences of rising protectionism.
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Monthly Report - December 2019
The December 2019 Monthly Report describes the outlook for the German economy based on projections for 2020 and 2021, looking further ahead to 2022 as well, and contains an analysis of German enterprises’ profitability and financing conditions in 2018. It also addresses the relevance of surveys of expectations for the Deutsche Bundesbank, and a further article discusses the mixing of euro coins in Germany.
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Monthly Report - November 2019
The November 2019 edition of the Monthly Report comments on the economic situation in Germany in autumn 2019.