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Impacts of rise in value-added tax

06 Apr '06
1 min read

Federal Statistical Office has been receiving many enquiries due to an increase in the value-added tax.

In this matter, the Federal Statistical Office reports as follows:

An increase in the value-added tax to 19 percent would raise the rate of price increase – measured by the consumer price index for Germany – by a maximum of about 1.4 percentage points.

Currently the rate of price increase is 2.1 percent.

Federal Statistical Office Germany

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