BUENOS AIRES, Aug 1 (Reuters) - Argentina’s tax revenues rose 23.4 percent in July on the year to 180.091 billion pesos ($12 billion), the AFIP tax agency said on Monday.
The increase in tax revenue is largely because of consumer price increases, clocked by the government at 4.2 percent in May alone and 3.1 percent in June. Official July inflation data has not be released yet, but the government said it expected consumer price increases to continue slowing in the second half of the year.
($1=15.01 Argentine pesos)
Reporting by Maximilian Health; Writing by Gram Slattery; editing by Grant McCool