The weekly activity index (WAI) is an index designed to measure real economic activity in Germany in a timely manner. The index is based on daily, weekly, monthly and quarterly indicators for the German economy.

Update as of 13 May 2024

• For the week of 6 May to 12 May (week 19) the WAI stands at -0.2, following stagnation in the preceding week (previously 0.0).
• The index value indicates that trend-adjusted economic activity (measured by the WAI) in the 13 weeks up to 12 May was 0.2% below activity in the preceding 13 weeks. 
• The WAI-implied GDP growth rate for the last 13 weeks up to 12 May compared with the preceding 13 weeks is -0.1%.

Due to missing data for the indicator electricity usage for 8 and 12 May, the WAI was calculated without these data points.

The next update is scheduled for 21 May 2024.

Note 

The WAI is still a work in progress; it is constantly undergoing revision and, when necessary, adjusted (see Methodology). The WAI is not an official forecast of the Deutsche Bundesbank or the Eurosystem.

Citation

Please cite this report as follows: 
Eraslan, S. and T. Götz (2020), An unconventional weekly economic activity index for Germany, Deutsche Bundesbank Technical Paper, 02/2020. Data retrieved from www.bundesbank.de/wai.