The German economy is likely to have roughly stagnated in the final quarter of 2022, Bundesbank said in its monthly report, released Monday.
High inflation and uncertainty after the Ukraine war weighed on the economy. Nonetheless, the situation on the energy markets eased noticeably compared to the summer, the central bank said.
Moreover, the bank observed that fiscal measures relieved private households and companies from high energy prices. In addition, supply bottlenecks in industry and construction eased.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.