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 August 2020
- For the week of 3 - 9 August (week 32) the WAI stands at 0.9. Thereby it indicates an increase compared to roughly stagnation a week earlier (previously -0.0).
- The index value indicates that trend-adjusted economic activity (measured by the WAI) in the 13 weeks up to 9 August was 0.9 % above activity in the preceding 13 weeks.
- The WAI-implied GDP growth rate for the last 13 weeks up to 9 August compared with the preceding 13 weeks was 1.8 %.
Note that data for week 32 was missing for the indicator ‘air pollution’ during the update.
The next update is scheduled for 17 August 2020.
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.
Please cite this report as follows:
Eraslan, S. and T. Götz, Weekly activity index for the German economy, Deutsche Bundesbank, available for download at https://www.bundesbank.de/wai