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 2018
The August 2018 edition of the Monthly Report comments on the economic situation in Germany in summer 2018.
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Monthly Report - July 2018
The July 2018 edition of the Bundesbank’s Monthly Report describes the ownership structure and the main drivers of yield movements in the market for Federal securities, and discusses the rebalancing of the Chinese economy as well as its international implications. It also includes an article on trends in the financing structure of German non-financial corporations as reflected in the corporate financial statement statistics.
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Monthly Report - June 2018
The June 2018 edition of the Bundesbank's Monthly Report outlines the prospects for the German economy on the basis of macroeconomic projections for 2018 and 2019, with a look ahead at the year 2020. It also includes an article on the zero lower bound on interest rates, the inflation rate target and the anchoring of inflation expectations.
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Monthly Report - May 2018
The May 2018 edition of the Monthly Report comments on the economic situation in Germany in spring 2018.
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Monthly Report - April 2018
The March 2018 Monthly Report sheds light on Germany’s balance of payments for 2017 and provides an insight into demand for euro banknotes at the Deutsche Bundesbank. It also includes an article on the design, regulation and use of contingent convertible bonds.
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Monthly Report - March 2018
The March 2018 Monthly Report sheds light on Germany’s balance of payments for 2017 and provides an insight into demand for euro banknotes at the Deutsche Bundesbank. It also includes an article on the design, regulation and use of contingent convertible bonds.
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Monthly Report - February 2018
The February 2018 edition of the Monthly Report comments on the economic situation in Germany in winter 2017/2018.
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Monthly Report - January 2018
The January 2018 edition of the Monthly Report describes how the internationalisation of German firms is impacting on domestic investment and analyses the importance of banks’ profitability and capital for monetary policy. It also looks at developments in corporate financing in the euro area and includes an article on the finalisation of Basel III.
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Monthly Report - December 2017
The December 2017 edition of the Bundesbank's Monthly Report outlines the prospects for the German economy on the basis of macroeconomic projections for 2018 and 2019, with a look ahead at the year 2020. It also analyses German enterprises’ profitability and financing in 2016 as well as corporate margins in selected European countries and takes a look at the Eurosystem’s financial market infrastructure, focusing on the range of services likely to be offered in the future.
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Monthly Report - November 2017
The Monthly Report November 2017 comments on the economic situation in Germany in autumn 2017.