The federal and state tax revenues rose sharply in July.
They totaled a good 60 billion euros, 12.5 percent more than in the same month last year, according to the monthly report published on Friday by the Federal Ministry of Finance.
In the first seven months of this year, revenues rose by a total of 6.8 percent within the year, to 407 billion euros.
However, that was still 1.7 percent less than in the same period in 2019, before the virus pandemic.
Nevertheless, the message is clear: the economic activity, which is picking up with the waning of the corona crisis, is having a positive effect on the tax authorities.
According to the Ministry of Finance, the economy and the labor market are increasingly recovering from the consequences of the virus crisis.
"The corona pandemic in Germany and the world has not yet been overcome, but the economic recovery process picked up speed in the second quarter of 2021." The economy grew by 1.5 percent in the spring. "The course for a sustainable and possibly even stronger one The economic upswing in the third quarter of 2021 seems to be in place. "
Meanwhile, the inflation rate in July was 3.8 percent, the highest it has been since 1993. The ministry justified this with special effects such as the reduction in VAT a year ago. A return to more moderate values below the European Central Bank's target for price level stability of 2.0 percent is expected for 2022.