Press Services in the 2^nd quarter of 2021: turnover up 2.8% from the previous quarter

Press release No. 417 of 7 September 2021

Turnover in the service sector, 2^nd quarter of 2021
+2.8% on the previous quarter (calendar and seasonally adjusted)
+14.7% on the same quarter a year earlier (calendar and seasonally adjusted)

Persons employed in the service sector, 2^nd quarter of 2021:
+0.4% on the previous quarter (seasonally adjusted)
+1.6% on the same quarter a year earlier (seasonally adjusted)

WIESBADEN – According to provisional results of the Federal Statistical Office (Destatis), the enterprises in selected service branches in Germany generated a seasonally and calendar adjusted, nominal turnover (not price adjusted) in the 2^nd quarter of 2021 that was 2.8% higher than in the 1^st quarter of 2021. Compared with the same quarter a year earlier, the calendar and seasonally adjusted turnover was up 14.7%. As a result, turnover has returned to its pre-crisis level of the 4^th quarter of 2019, that is, the quarter before the corona pandemic broke out in Germany (+0.1%). The selected service branches comprise the areas of transportation and storage, information and communication, professional and technical activities, and administrative and support service activities.

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.