Press Turnover in accommodation and food services in July 2022 down 1.5% on the previous month

Real turnover in accommodation and food services 10.2% higher than in July 2021 but 9.3% lower than in July 2019

Press release No. 396 of 19 September 2022

Turnover in accommodation and food services, July 2022 (provisional results, calendar and seasonally adjusted)
-1.5%, in real terms, on the previous month
+0.4%, in nominal terms, on the previous month
+10.2%, in real terms, on the same month a year earlier
+19.0%, in nominal terms, on the same month a year earlier

WIESBADEN – In July 2022, the calendar and seasonally adjusted turnover in accommodation and food services decreased by a real (price adjusted) 1.5% and increased by a nominal (not price adjusted) 0.4% compared with June 2022. Based on provisional results, the Federal Statistical Office (Destatis) also reports that turnover was a real 10.2% and a nominal 19.0% higher than in July 2021. Compared with July 2019, the corresponding month before the Covid-19 crisis, turnover in accommodation and food services was down 9.3% in real terms and up 4.3% in nominal terms in July 2022. The difference between the results in real and nominal terms reflects the high price increases in accommodation and food services (+7.9% on the same month a year earlier).

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Long time series regarding the monthly statistics of accommodation and food service activities are provided in the table on Turnover in accommodation and food services (45213) in the GENESIS-Online database.

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