Toll Index November 2015 – merry transports

Fresh Toll Index data now available at the IDSC of IZA (based on data from BAG) shows that long vehicle transportation activity in the month of November is slightly below October but still an exceptional month compared to past November months since the creation of the MAUT. The slight monthly drop is not unusual and should not be worrisome.  We expect the BMWi to announce Industrial Production numbers in line with the Toll Index some time in mid December (or later if their first estimates are inaccurate).

toll-index-november-2015

A link to our underlying paper in the Journal of Forecasting.

 

 

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