Argentina's January tax income rises 38.5 pct

lunes 1 de febrero de 2016 16:27 GYT

BUENOS AIRES Feb 1 (Reuters) - Argentina's tax revenue rose by 38.5 percent on the year to 162.65 billion pesos ($11.64 dollars) in January, the government said on Monday.

With consumer prices rising at more than 25 percent on the year, the rise in tax receipts is largely explainable by inflation.

Nonetheless, the figure came in above expectations. The medium forecast in a Reuters poll of five economists was for revenue in January of 156.4 billion pesos.

($1 = 13.97 pesos as of Jan. 29 ) (Reporting by Buenos Aires newsroom; Editing by Leslie Adler)