September 2, 2019 / 6:46 PM / 15 days ago

Argentina says August revenue rose 56.3% vs same month last year

BUENOS AIRES, Sept 2 (Reuters) - Argentina collected 458.495 billion pesos ($7.7 billion) in August tax revenue, up 56.3% from the same month last year, government data showed on Monday.

The increase was due mostly to inflation, which is running at about 55%, according to official data.

Reporting by Jorge Iorio and Hugh Bronstein

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