Press Service sector in 3rd quarter of 2019: employment remained high, turnover continued to grow

Calendar and seasonally adjusted turnover up 2.7% on the same quarter a year earlier

Press release No. 465 of 9 December 2019

WIESBADEN – The turnover in selected service branches increased by a calendar and seasonally adjusted 2.7% in the third quarter of 2019 compared with the third quarter of 2018. Based on first calculations, the Federal Statistical Office (Destatis) also reports that a new all-time high was reached since coverage started in 2003. Compared with the second quarter of 2019, the adjusted turnover rose by 0.7%. The seasonally adjusted number of persons employed increased by 0.5% on the third quarter of 2018, thus remaining on the level of the second quarter of 2018.

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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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