German September Tax Revenue Climbs as Growth Picks Up
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German tax revenue rose in September as the pace of economic expansion quickened, the Finance Ministry said, cautioning at the same time that growth is set to slow in the fourth quarter.
Tax collection rose 4.2 percent last month from a year earlier, led by intake at the level of Germany’s 16 states, the ministry in Berlin said in its monthly report today. Revenue in the first nine months rose 5.6 percent from a year earlier.