Service Sector Stalls Germany's Economic Momentum
Economy / Finance

Service Sector Stalls Germany’s Economic Momentum

Preliminary data from Germany’s Federal Statistical Office (Destatis) indicates that service sector revenue (excluding financial and insurance services) remained stable in April 2025, both in real (inflation-adjusted) and nominal terms. Compared to April 2024, calendar and seasonally adjusted revenues increased by 0.3 percent in real terms and 2.6 percent in nominal terms.

Within the service sector, the real revenue growth in April 2025 compared to the previous month was led by the real estate and rental sector, which saw an increase of 1.0 percent. The transportation and warehousing sector and other economic services, including the rental of movable goods and employment agency services, followed with gains of 0.3 percent each.

Conversely, real revenues experienced a decrease in the information and communication sector and in the provision of freelance, scientific and technical services, falling by 0.7 percent and 0.8 percent respectively, according to the Federal Statistical Office.