Weekly activity index for the German economy
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 10 February 2025
- For the week of 3 February - 9 February (week 6) the WAI stands at 0.3. The increase was thus stronger than that in the preceding week (previously 0.1).
- The index value indicates that trend-adjusted economic activity (measured by the WAI) in the 13 weeks up to 9 February was 0.3 % above activity in the preceding 13 weeks.
- The WAI-implied GDP growth rate for the last 13 weeks up to 9 February compared with the preceding 13 weeks is 0.8 %.
Due to missing data for the indicator pedestrian frequency for week 5, the WAI was calculated without these data points.
The next update is scheduled for 17 February 2025.
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.