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Argentina tax revenue rises 29.8 percent in June

Published 07/03/2017, 03:29 PM
Updated 07/03/2017, 03:40 PM
© Reuters.  Argentina tax revenue rises 29.8 percent in June

BUENOS AIRES (Reuters) - Argentina's tax revenue rose 29.8 percent in June compared with a year earlier to 226.6 billion pesos ($13.6 billion), the AFIP tax agency said on Monday.

The country's tax revenue has struggled to keep up with high inflation in recent months. In May, 12-month inflation totaled 24 percent, while tax revenue rose 21 percent. The government has not yet published June inflation figures.

($1 = 16.63 pesos at end of June)

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