Press Turnover in building completion work in the first quarter of 2022: +0.7% year on year

Number of persons employed up 0.7% from the first quarter of 2021

Press release No. 244 of 14 June 2022

Turnover in building completion work, first quarter 2022
+0.7% on the same quarter a year earlier (in real terms)
+15.0% on the same quarter a year earlier (in nominal terms)

Persons employed, first quarter 2022
+0.7% on the same quarter a year earlier

WIESBADEN – As reported by the Federal Statistical Office (Destatis), turnover in building completion work inclined by 0.7% on a real basis (price adjusted) in the first quarter of 2022 compared to the first quarter of the previous year. Due to the substantial increase in construction prices, however, nominal turnover was up by 15.0%.

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At the end of March 2022 the number of persons employed by building completion work entrepreneurs was up 0.7% compared to the level a year earlier.

Basic data and long time series are available in table Quarterly survey of building completion work (44152-0001) in the GENESIS-Online database.

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