Dr Jens Weidmann President of the Deutsche Bundesbank  On the future of money and payments  Panel statement at the Bundesbank virtual autumn conference "Banking and Payments in the Digital World" 11 September 2020  – Check against delivery – Page 1 of 10 Deutsche Bundesbank, Directorate General Communications Wilhelm-Epstein-Strasse 14, 60431 Frankfurt am Main, Germany, Tel: +49 (0)69 9566 3511, Fax: +49 (0)69 9566 3077 presse@bundesbank.de, www.bundesbank.de Reproduction permitted only if source is stated.
The business conditions DI in the March Tankan survey – the Short-Term Economic Survey of Enterprises in Japan – prior to the consumption tax hike improved to plus 12, reaching the highest level since the November 1991 survey (Chart 5). This improvement reflects the front-loading of demand prior to the consumption tax hike.