Toll Index June 2017

Based on new data by the Bundesamt für Güterverkehr the Toll Index registers a strong showing for the month of June for the number of outbound heavy trucks on German highways. As we have just began the descend towards the seasonal low of August, on a per working day basis this June is not only the best month of June ever but the best Toll Index month since the beginning of the MAUT.

My expectation is that the BMWi will announce a strong showing of Industrial Production for June sometime in the first half of August 2017.

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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