Toll Index – Record Year 2016

The hottest German business cycle news item making the rounds this morning comes from the German Federal statistical office (Destatis) and is summarized by the title of its press release:

German exports up 1.2% in 2016 – Exports, imports and export surplus reach new record highs

This is no suprise for those who have been following the toll index which posted a record year since the MAUT came into existence:

The data is available at the Data Repository of the IDSC – Research Data Center of IZA. The paper we first studied the properties of these data is published at the Journal of Forecasting.

The Toll Index has been widely covered in national and international press (selection):

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