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Federal and state governments have also conceded a lot more taxes in June. Revenue rose within one year by 2.1 percent to just under 65 billion euros, it is apparent from the published this Monday monthly report of the Treasury.
After the first half of the revenue was thus a total of around 300 billion euros, 5.5 percent more than in the corresponding period last year. This is significantly more than the increase of 3.7 percent, the tax experts have predicted that in May for the full year.
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From the economy to the Treasury as previously expected tailwind. “The German economy is still on the upswing.” The recovery will continue throughout the year. In the second quarter the economy is likely to grow as early in the year by about 0.3 percent, the ministry said.
The experts for the first time hinted to June a current and specific forecast of the government for the period April. The Federal Statistical Office publishes the data for gross domestic product in mid-August.
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