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 26 July 2021
- For the week of 19 – 25 July (week 29) the WAI stands at 1.1. The WAI remains thus unchanged as in the preceding week (previously 1.1).
- The index value indicates that trend-adjusted economic activity (measured by the WAI) in the 13 weeks up to 25 July was 1.1 % above activity in the preceding 13 weeks.
- The WAI-implied GDP growth rate for the last 13 weeks up to 25 July compared with the preceding 13 weeks is 2.3 %.
The next update is scheduled for 2 August 2021.
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 (2020), An unconventional weekly economic activity index for Germany, Deutsche Bundesbank Technical Paper, 02/2020. Data retrieved from www.bundesbank.de/wai.