Toll Index October 2014 – trust the data

The Toll Index for the month of October is just out at the IDSC of IZA and records the best October ever since the introduction of the MAUT toll-system. It is hence hard to resist the temptation of forecasting that the BMWi will announce concordant Industrial Production numbers a little less than a month from now. I know that the various sentiment indexes in Germany were rather moody of late but this says more about the indexes than about the economy: I have never met a businessman who is not nagging that things could be better. Markit saw it similarly for October.

Toll Index - Outbound on a per working day basis

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