Toll Index August 2014 – burning rubber record month

As expected we had a seasonally explained drop in total heavy transport activity in August thus completing the seasonal downwards trend which is now expected to reverse starting in September. However this month was the best August we had since the introduction of the MAUT. I thus continue to maintain that we can ignore the negative feelings of German investors and trusting real world transportation data continue to say: August Industrial Production will turn out to be good when the BMWi announces the data one month from now.

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