Germany’s VAT gamble pays off

As reported by the Federal Statistical Office, the consumer price index for Germany is expected to increase 1.6% in January 2007 compared with January 2006, based on the results available from six Länder (December 2006: +1.4%). An effect of the VAT rise on 1 January 2007 can only marginally be observed in the results

Germany: Federal Statistical Office: Press Release, 30.1.07: Consumer prices in January 2007: Presumably +1.6% on January 2006 https://www.destatis.de/EN/PressServices/Press/pr/PressReleases.html

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