Press Service sector in 2nd quarter of 2019: turnover and employment continued to grow

Calendar and seasonally adjusted turnover up 3.8% on the same quarter a year earlier

Press release No. 341 of 9 September 2019

WIESBADEN – The turnover in selected service branches increased by a calendar and seasonally adjusted 3.8% in the second quarter of 2019 compared with the second quarter of 2018. Based on first calculations, the Federal Statistical Office (Destatis) also reports that the index reached a new all-time high since coverage started in 2003. Compared with the first quarter of 2019, the adjusted turnover rose by 1.0%. The seasonally adjusted number of persons employed increased by 1.0% on the second quarter of 2018 and reached a new record high, too. It was up 0.1% on the first quarter of 2019.

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Basic data and long time series are available in tables Turnover indices in the service sector (47414-0001) and Employment indices in the service sector (47414-0008) in the GENESIS-Online database.

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