Leading indicator – less truck traffic on motorways – economy

Truck traffic on German autobahns fell noticeably after the outbreak of war in Ukraine. The mileage of toll trucks with at least four axles fell in March by 1.9 percent compared to the previous month, as reported by the Federal Statistical Office and the Federal Office for Goods Transport. Compared to March 2021, the minus was similarly large at 1.6 percent. The so-called truck toll mileage index is suitable nationwide and in some federal states as an early indicator for economic development. “Especially in the industrialized countries there is a clear connection between regional truck toll mileage and regional sales in the manufacturing industry,” as the statisticians emphasized.

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