BUENOS AIRES, July 1 (Reuters) - Argentina’s tax revenue jumped 35.5 percent in June from a year earlier to 101.186 billion pesos, the government said on Tuesday, coming in slightly above the median forecast of 100.8 billion pesos in a Reuters poll of analysts.
The increase in tax revenue can be largely explained by double-digit consumer price increases in Latin America’s No. 3 economy. Private economists expect annual inflation of more than 30 percent this year.
$1 = 8.135 Argentine pesos as of July 1 Reporting by Sarah Marsh and Maximiliano Rizzi; Editing by Diane Craft