Germany’s federal and state governments’ tax revenues rose 0.5% year-on-year to EUR 61.2 billion in October 2025, the finance ministry said in a report on Thursday, as Reuters reported. The two most significant types of tax again exhibited opposing trends in October: revenue from wage tax recorded a noticeable increase, while sales tax revenue fell, it said. From January to October, tax revenues increased by 5.7% compared with the same period in 2024, reaching EUR 726.2 billion. The German economy, Europe’s largest, contracted in 2024 for the second consecutive year due to weak global demand, high energy costs, and dampened industrial output, and the government expects only 0.2% growth this year. The report said leading indicators continue to send mixed signals, and, at best, a moderate recovery can be expected by the end of the year. For 2025 as a whole, tax analysts predict revenues will climb to EUR 903.8 billion, up 5.0%, the report said.