Berlin Truck traffic on Germany’s autobahns increased in October, signaling that German industry, which is suffering from the energy crisis and shortage of materials, has not collapsed.
The mileage of toll trucks with at least four axles on federal autobahns grew last month by 0.7 percent on the previous month, adjusted for calendar and seasonal effects. Compared to the same month last year, it remained unchanged, as the Federal Statistical Office announced on Thursday. “The truck mileage on motorways gives early indications of the current economic development in industry,” the statisticians explain the importance of this indicator. “Economic activity generates and requires transport services.”
However, there are strong regional differences in development. The largest increase in truck toll mileage was in October in Baden-Württemberg with 2.6 percent. Strong growth was also reported in Rhineland-Palatinate at 2.2 percent, followed by Hesse at 1.6 percent. In contrast, there was a decline in Saxony (-0.5 percent) and Lower Saxony (-0.9 percent).
Cross-border traffic – which measures the number of people entering and exiting Germany’s border – fell by 0.3 percent last month. “The sharpest decline was in cross-border trips to and from France,” it said.
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Here there was a minus of 6.8 percent. “The temporary closure of the B500, one of the main crossings to France, due to construction work may have played a major role here,” the statisticians explained. The neighbor is traditionally one of the most important German trading partners. The largest increase was at the border with Austria, at 2.0 percent.
Despite the energy crisis, material shortages and high inflation, the German economy surprisingly grew by 0.3 percent in the summer quarter. However, most experts assume that it will slide into a recession in the winter half-year. The Bundesbank even assumes that the gross domestic product will fall “significantly”.