12/12/2025
The Light Traffic Index (LTI) eased 0.2% in November and is 3.3% higher than a year ago. The Heavy Traffic Index (HTI) eased 0.1% in the month, and is up 0.9% y/y.
Light traffic (motorbikes, cars and vans) is generally a good indicator of the state of demand, as opposed to production. It typically provides up to a six-month lead on momentum in the economy, with variation reflecting discretionary spending on outings, movement of couriers and tradespeople etc.