Press Development of turnover in July 2021: +0.8% on the previous month

Turnover in the non-financial business economy 12.7% above pre-crisis level in July

Press release No. 406 of 27 August 2021

WIESBADEN – Turnover in the non-financial business economy in Germany was slightly up in July 2021 compared with the previous month. Based on provisional data, the Federal Statistical Office (Destatis) reports that the nominal (not price adjusted) turnover increased by 0.8% on a seasonally and calendar adjusted basis compared with June 2021. Turnover in the non-financial business economy was a nominal 12.7% higher in July 2021 than in February 2020, the month before restrictions were imposed because of the coronavirus pandemic in Germany.

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