Press Service sector in the 1^st quarter of 2021: turnover up 2.0% from the previous quarter

Press release No. 268 of 9 June 2021

Turnover in selected service branches, 1st quarter of 2021:
+2.0% on the previous quarter (calendar and seasonally adjusted, not price adjusted)
-1.9% on the same quarter a year earlier (calendar and seasonally adjusted, not price adjusted)

Persons employed in selected service branches, 1st quarter of 2021:
+1.2% on the previous quarter (seasonally adjusted)
-0.6% on the same quarter a year earlier (seasonally adjusted)

WIESBADEN - According to provisional results of the Federal Statistical Office (Destatis), the enterprises in the service sector generated a seasonally and calendar adjusted, nominal turnover (not price adjusted) in the 1^st quarter of 2021 that was 2.0% higher than in the 4^th quarter of 2020. Compared with the same quarter of the previous year, the adjusted turnover fell by 1.9%. Compared with the 4^th quarter of 2019, the quarter before restrictions were imposed due to the corona pandemic, turnover was down by 3.2% (calendar and seasonally adjusted).

Basic data and long time series are available in tables Turnover indices in the service sector (47414-0003) and Employment indices in the service sector (47414-0010) in the GENESIS-Online database.