Press Turnover in the service sector up 0.6% in July 2022 on the previous month

Press release No. 442 of 14 October 2022

  • Cruises branch reaches pre-crisis level for the first time
  • Turnover in organisation of conventions and trade shows slumps again after some recovery

Turnover in the service sector, July 2022 (provisional, calendar and seasonally adjusted)
+0.6% on the previous month (in real terms)
+0.3% on the previous month (in nominal terms)
+10.2% on the same month a year earlier (in real terms)
+14.9% on the same month a year earlier (in nominal terms)

WIESBADEN – In July 2022, the real (price adjusted) turnover of the service sector in Germany (not including financial and insurance activities) was 0.6% higher and the nominal (not price adjusted) turnover 0.3% higher in calendar and seasonally adjusted terms than in June 2022, according to provisional results of the Federal Statistical Office (Destatis). Compared with July 2021, the service sector recorded a 10.2% increase in turnover in real terms and a nominal increase of 14.9%.

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

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