Service Sector: Climate Indicator Continues to Rise

Current assessments of the current business situation in the service sector were more favourable than last month. In view of excellent current business conditions, participants expect developments to remain positive. They once again assessed their business outlook as promising. Demand increased significantly compared to last year and the service providers surveyed also expect turnover to rise in the months ahead. For this reason they also plan to recruit more staff, with employment expectations exceeding last month’s record.