October 1, 2014 / 6:53 PM / 3 years ago

Argentina says Sept tax income rises 37.5 pct on year

BUENOS AIRES, Oct 1 (Reuters) - Argentina’s tax revenue jumped 37.5 percent in September from a year earlier to 98.719 billion pesos ($11.7 billion), the government said on Wednesday, slightly above the median forecast of 95.96 billion pesos in a Reuters poll of analysts.

Private economists estimate Argentina’s inflation is as high as 40 percent which would mean the increase in tax revenue is largely explainable by consumer price increases.

$1=8.45 Argentine pesos as of Oct 1 Reporting by Sarah Marsh; Editing by Richard Lough and Diane Craft

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below