Press Service sector in the 4th quarter of 2019: employment and turnover continued to grow

Calendar and seasonally adjusted turnover up 1.7% on the same quarter a year earlier

Press release No. 084 of 9 March 2020

WIESBADEN – The turnover in selected service branches increased by a calendar and seasonally adjusted 1.7% in the fourth quarter of 2019 compared with the same 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 third quarter of 2019, the adjusted turnover rose by 0.6%. The seasonally adjusted number of persons employed increased by 0.6% on the fourth quarter of 2018 and by 0.5% on the third 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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