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 30 December 2024
- For the week of 23 December – 29 December (week 52) the WAI stands at − 0.2. The WAI remains thus unchanged compared to the preceding week (previously − 0.2).
- The index value indicates that trend-adjusted economic activity (measured by the WAI) in the 13 weeks up to 29 December was 0.2 % below activity in the preceding 13 weeks.
- The WAI-implied GDP growth rate for the last 13 weeks up to 29 December compared with the preceding 13 weeks is − 0.1 %.
Due to lack of data for the indicator pedestrian frequency since week 51 and for the indicator toll for week 52, the WAI was calculated without the respective data.
The next update is scheduled for 6 January 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.