Domestic trade, accommodation and food service activities

Functioning as a link between producers and consumers, trade plays a central role in the economy. In domestic trade, a distinction is made between wholesale and retail trade.

The development of trade turnover - in particular, retail trade turnover - is regarded as an important indicator for short-term economic analysis. The trade turnover achieved in 2006 amounted to Euro 1.352 billion (turnover tax excluded) and - according to national accounts data for 2007 - accounted for Euro 221.3 billion of gross value added. It contributed about 10% to gross domestic product, i.e. total value added at national level.

Accommodation and food services recorded a gross value added of Euro 34.6 billion in 2007, contributing 2% to the gross domestic product. Accommodation and food service activities comprise accommodation service as well as food and beverage service activities.

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