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Argentina Sept tax income jumps 25 pct vs yr ago, misses f'cast
October 1, 2013 / 6:37 PM / in 4 years

Argentina Sept tax income jumps 25 pct vs yr ago, misses f'cast

BUENOS AIRES, Oct 1 (Reuters) - Argentina’s tax revenue jumped to 71.805 billion pesos in September, up 25.2 percent from the same month a year ago ($12.4 billion), the government said on Tuesday.

The figure came in below the median forecast of 73.44 billion pesos given by in a Reuters poll of local analysts.

Private economists put Argentina’s inflation at between 20 percent and 25 percent a year, which would mean the increase in tax revenue is largely explainable by price increases.

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