<?xml version="1.0" ?><message:GenericData xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:generic="http://www.sdmx.org/resources/sdmxml/schemas/v2_1/data/generic" xmlns:message="http://www.sdmx.org/resources/sdmxml/schemas/v2_1/message" xmlns:common="http://www.sdmx.org/resources/sdmxml/schemas/v2_1/common" xsi:schemaLocation="http://www.sdmx.org/resources/sdmxml/schemas/v2_1/common https://registry.sdmx.org/schemas/v2_1/SDMXCommon.xsd http://www.sdmx.org/resources/sdmxml/schemas/v2_1/message https://registry.sdmx.org/schemas/v2_1/SDMXMessage.xsd http://www.sdmx.org/resources/sdmxml/schemas/v2_1/data/generic https://registry.sdmx.org/schemas/v2_1/SDMXDataGeneric.xsd"><message:Header><message:ID>BBEE1_Q_DE_AAA_XY0AAA_R_AADTB_M00</message:ID><message:Test>false</message:Test><message:Prepared>2026-08-04T16:17:05+02:00</message:Prepared><message:Sender id="BBK"><common:Name xml:lang="de">Deutsche Bundesbank</common:Name><message:Contact><message:Email>presse-information@bundesbank.de</message:Email></message:Contact></message:Sender><message:Structure structureID="BBK_EREW" dimensionAtObservation="TIME_PERIOD"><common:Structure><URN>urn:sdmx:org.sdmx.infomodel.datastructure.DataStructure=BBK:BBK_EREW(1.0)</URN></common:Structure></message:Structure></message:Header><message:DataSet structureRef="BBK_EREW" setID="BBEE1" action="Replace" validFromDate="2026-08-04T16:17:05.810+02:00"><generic:Series><generic:SeriesKey><generic:Value id="BBK_STD_FREQ" value="Q"></generic:Value><generic:Value id="BBK_ERE_REF_AREA" value="DE"></generic:Value><generic:Value id="BBK_ERE_GENERAL" value="AAA"></generic:Value><generic:Value id="BBK_ERE_PARTNER" value="XY0AAA"></generic:Value><generic:Value id="BBK_ERE_CONCEPT" value="R"></generic:Value><generic:Value id="BBK_ERE_WEIGHTS" value="AADTB"></generic:Value><generic:Value id="BBK_ERE_SUFFIX" value="M00"></generic:Value></generic:SeriesKey><generic:Attributes><generic:Value id="TIME_FORMAT" value="P3M"></generic:Value><generic:Value id="BBK_DECIMALS" value="1"></generic:Value><generic:Value id="BBK_ID" value="BBEE1.Q.DE.AAA.XY0AAA.R.AADTB.M00"></generic:Value><generic:Value id="BBK_UNIT_ENG"></generic:Value><generic:Value id="BBK_UNIT_MULT" value="0"></generic:Value><generic:Value id="BBK_TITLE_ENG" value="Indicator of the German economy's price competitiveness  vis-à-vis 28 selected industrial countries  based on the deflators of total sales"></generic:Value><generic:Value id="BBK_COMM_METH_ENG" value="Geometrically weighted indicator of price competitiveness, based on the deflators of total sales.   Weighting scheme drawn up on the basis of foreign trade in the field of manufacturing (SITC 5 to 8) as well as services. Starting with the period between 1995 and 1997, the weighting is updated every three years. The final respected weighting period until the current date: years between 2019 and 2021. In order to capture third-market effects, export shares were derived on the basis of the principle of &quot;double weighting&quot;.  For details of the methodology see ECB, Monthly Bulletin, March 2012 as well as the Occasional Paper No 134 from June 2012 in conjunction with Statistics Paper No 49 from June 2024, which can be downloaded from the ECB's website (www.ecb.int).   Group of countries: Austria, Belgium, Bulgaria (from 2026), Canada, Croatia (from 2023), Cyprus (from 2008), Denmark, Estonia (from 2011), Finland, France, Germany (up to 1990, West Germany as formerly defined), Greece (from 2001), Ireland, Italy, Japan, Latvia (from 2014), Lithuania (from 2015), Luxembourg, Malta (from 2008), Netherlands, Norway, Portugal, Slovakia (from 2009), Slovenia (from 2007), Spain, Sweden, Switzerland, the United Kingdom and the United States  (the reference country is included in the group of countries cited)."></generic:Value><generic:Value id="BBK_COMM_SRC_ENG" value="Bundesbank calculations on the basis of seasonally adjusted data on gross domestic product and imports nominal and real."></generic:Value><generic:Value id="WEB_CATEGORY" value="WEEW"></generic:Value></generic:Attributes><generic:Obs><generic:ObsDimension value="2019-Q4"></generic:ObsDimension><generic:ObsValue value="92.8"></generic:ObsValue><generic:Attributes><generic:Value id="BBK_DIFF" value="-0.2"></generic:Value><generic:Value id="BBK_DIFF_Y" value="-1.1"></generic:Value></generic:Attributes></generic:Obs><generic:Obs><generic:ObsDimension value="2020-Q1"></generic:ObsDimension><generic:ObsValue value="92.9"></generic:ObsValue><generic:Attributes><generic:Value id="BBK_DIFF" value="0.2"></generic:Value><generic:Value id="BBK_DIFF_Y" value="-0.4"></generic:Value></generic:Attributes></generic:Obs><generic:Obs><generic:ObsDimension value="2020-Q2"></generic:ObsDimension><generic:ObsValue value="92.8"></generic:ObsValue><generic:Attributes><generic:Value id="BBK_DIFF" value="-0.2"></generic:Value><generic:Value id="BBK_DIFF_Y" value="-0.3"></generic:Value></generic:Attributes></generic:Obs></generic:Series></message:DataSet></message:GenericData>