November 8, 2022
Turnover in the service sector, August 2022 (provisional, calendar and seasonally adjusted)
+0.5% on the previous month (in real terms)
+0.1% on the previous month (in nominal terms)
+11.5% on the same month a year earlier (in real terms)
+15.1% on the same month a year earlier (in nominal terms)
In August 2022, the real (price adjusted) turnover of the service sector in Germany (not including financial and insurance activities) was 0.5% higher and the nominal (not price adjusted) turnover 0.1% higher than in July 2022, according to provisional results of the Federal Statistical Office (Destatis) after calendar and seasonal adjustment. Compared with August 2021, the service sector recorded an 11.5% increase in turnover in real terms and a nominal increase of 15.1%.
Source: DESTATIS
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