Bloomberg News

Brazil Tax Revenues Rise to 75.1 Billion Reais in September

October 19, 2011

Oct. 19 (Bloomberg) -- Brazil’s federal revenue rose 15.38 percent in September from a year earlier, the federal tax agency said.

The government collected 75.1 billion reais ($42.6 billion) in September, compared with 65.1 billion reais in the same month a year earlier, the agency said in a report distributed today in Brasilia.

Economists expected 73 billion reais, according to the median forecast in a Bloomberg survey of eight analysts.

To contact the reporter on this story: Arnaldo Galvao in Brasilia Newsroom at agalvao1@bloomberg.net

To contact the editor responsible for this story: Harry Maurer at hmaurer@bloomberg.net


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