The Rushin: An Index of Czech Economic Activity - Czech National Bank
The Rushin: An Index of Czech Economic Activity We introduce a preliminary version of the Rushin, a weekly index of Czech economic activity. The index captures the common dynamics of four alternative high-frequency indicators and six standard macroeconomic monthly indicators of activity. It allows us to assess the current pace of economic growth and turning points in the business cycle in a timely way. In addition, it is valuable for nowcasting the current GDP growth rate. It is particularly useful in turbulent times, such as during lockdowns imposed due to the Covid-19 pandemic. It is curren...
Source: cnb.cz