Argentina says tax haul up 43.9% y/y in October

Argentina said its total monthly tax haul had jumped 43.9% in October versus the same period the previous year, an unexpected boon amid an otherwise debilitating economic recession. The country´s economy ministry said the top South American grains producer had collected $8.197 billion in October, attributing the sharp spike to the gradual recovery of economic activity and stabilizing prices.

Source: Reuters