Press Turnover in accommodation and food services in October 2022 down 0.1% on the previous month

Real turnover in accommodation and food services 12.3% higher than in the previous month but 9.3% lower than in October 2019

Press release No. 548 of 19 December 2022

Turnover in accommodation and food services, October 2022 (provisional results, calendar and seasonally adjusted)
-0.1%, in real terms, on the previous month
0.0%, in nominal terms, on the previous month
+12.3%, in real terms, on the same month a year earlier
+22.5%, in nominal terms, on the same month a year earlier

WIESBADEN - In October 2022, the calendar and seasonally adjusted turnover in accommodation and food services decreased by a real (price adjusted) 0.1% and remained unchanged in nominal terms (not price adjusted) compared with September 2022. Based on provisional results, the Federal Statistical Office (Destatis) also reports that turnover was a real 12.3% and a nominal 22.5% higher than in October 2021. The strong price increases seen for food and energy thus influenced prices of accommodation and food services also in October. The large difference between real and nominal results is reflected also by comparison with the pre-crisis level. Turnover in accommodation and food services was a real 9.3% lower but a nominal 5.5% higher in October 2022 than in October 2019.

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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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