Toll Index December 2012

The Toll Index just out by the IDSC of IZA says transportation activity in December 2012 was down by 24% month on month and 7% year on year. As December had 4 working days less than November (18 to 22) we see a 7.2% drop per working day month on month. Similarly December 2012 had 3 working days less than December 2011 (18 to 21) so year on year we see a gain of 8.57% per working day. So production at a short term downturn but long term upturn modding out calendar differences.

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