Accommodation and Food Services Sectors Turnover up 61.7 Percent in June
Germany’s accommodation and food service sectors recorded a 61.7 percent increase in turnover on the previous month in June.
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Germany’s accommodation and food service sectors recorded a 61.7 percent increase in turnover on the previous month in June.
Consumers in Germany’s food and beverages market are increasingly turning to organic, vegetarian and vegan alternatives in a growing market that is both environmentally friendly and sustainable.
Germany’s ICT sector grew by four percent in 2021, taking turnover to EUR 178 billion in what proved to be a period of exceptional growth for the tech sector in Europe.
Germany is investing significantly in green hydrogen and other renewable energy storage technologies to meet its own ambitious climate protection targets.
The German Retail Federation Consumer Barometer rose to its highest level in two years in July. This is being attributed to falling infection rates and nationwide store reopenings.
Germany’s regions in structural transition are playing a major role in the energy transition to green energy production. The country's semiconductstart-up-location-germany-pageor goes from strength to strength and universities are supporting start-ups.
Germany’s gaming industry goes from strength to strength despite or because of the Covid-19 crisis. The domestic market grew by 32 percent in 2020, with 58 percent of the gaming age population playing games.
Germany’s biotech sector is playing an important role in combating Covid-19. The sector is booming, with major investment bringing increased confidence to an in-demand market.
Germany remains an attractive foreign direct investment (FDI) location for international investors in a diverse number of industries and emerging markets.
Falling Covid-19 incidence rates, vaccination rollout and a resurgent economy are pointing to a way out of the coronavirus crisis in Germany.