Current Monthly Reports
Here you will find the latest monthly reports of the Deutsche Bundesbank. They handle with economic topics, including in particular monetary policy as well as financial and economic policy issues.
Since the January 2024 issue, selected articles from the Monthly Report have been published before the respective complete issue.
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Monthly Report – December 2024 Vol. 76 No 12
The December 2024 Monthly Report publishes the Deutsche Bundesbank’s forecast for Germany, which provides an outlook on how the German economy is likely to develop in the near future. A second article looks into the funding costs of banks in Germany in the monetary policy interest rate cycle. Finally, an article analyses the profitability and financing of German enterprises during the monetary policy tightening period.
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Monthly Report – November 2024 Vol. 76 No 11
The November 2024 edition of the Monthly Report comments on the economic situation in Germany in autumn 2024.
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Monthly Report – October 2024 Vol. 76 No 10
In the October 2024 Monthly Report, the first article investigates how a different method of recording retained earnings in the balance of payments affects the German current account surplus. The second article highlights current developments in Germany’s international interconnectedness via foreign direct investment. The third outlines the development of state government finances in 2023, noting that the situation has deteriorated, but that there is still a structural surplus. The Monthly Report then rounds off with an article examining the topic of wage developments in Germany, detailing the current situation, providing a comparison with the euro area, and offering an outlook.
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Monthly Report – September 2024 Vol. 76 No 9
The September 2024 edition of the Monthly Report examines the impact of European climate policy on German foreign direct investment and discusses the profitability of German credit institutions in 2023. In addition, it looks at the Digital Operational Resilience Act (DORA) from the perspective of on-site inspections. The report concludes with an article on Member States’ financial relationships with the EU budget and the NextGenerationEU off-budget entity in 2023.
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Monthly Report – August 2024 Vol. 76 No 8
The August 2024 edition of the Monthly Report comments on the economic situation in Germany in summer 2024.
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Monthly Report – July 2024 Vol. 76 No 7
The July 2024 Monthly Report looks at the global disinflation process and its costs. In one of its articles, it describes the development of loans to enterprises in Germany since the start of the monetary policy tightening cycle. It also closely examines the EU banking package, a key element of which is the implementation of Basel III.
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