Some high-frequency indicators of economic activity showed an uptick in the latest week.
The vehicle registration gap over the pre-pandemic vehicle registrations widened last week. There were 294,145 registrations during the week ending August 21. This is 31.6 per cent lower than the 429,920 registrations seen during the same period in 2019. The gap was 2.54 per cent over the previous week (see chart 1).
More passengers caught flights. There was also a rise in the number of daily flights. There were around 348,592 passengers on average in the last seven days of the week. The flights numbered 2,645. The