German service sector accelarates
According to the Monday datas of the Statistical Office; The revenues of German companies operating in the service industry, grew by 5.3 percent in the second quarter.
The German service sector produced an increase for the first time since the last quarter of 2008. Revenues grew by 7.8 percent in the area of logistics and transport, while information technology is lagging behind with its 3.1 percent growth.
With the recovery of the sector, the number of employees increased by 4 percent, on an annual basis and 1.1 percent on a quarterly basis – reports Világgazdaság Online.

Related news
Related news
EM: Further Development of the Deposit Return System Continues
Thanks to the Deposit Return System (DRS) introduced at the…
Read more >Slowdown and price increase at the same time – this is how the milk market will develop in the summer
The dairy sector is experiencing both international price increases and…
Read more >Another problem could cause food prices to rise
Latin American agriculture could face serious consequences if the United…
Read more >