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Brazil's federal tax revenues fall 1.16 pct in March vs year ago
April 26, 2017 / 12:46 PM / 6 months ago

Brazil's federal tax revenues fall 1.16 pct in March vs year ago

BRASILIA, April 26 (Reuters) - Brazil’s federal tax collection fell 1.16 percent in March from the same month a year ago after adjusted for inflation, the country’s tax agency said on Wednesday.

In March, the country collected 98.994 billion reais ($31.20 billion) in federal taxes. Economists forecast 101 billion reais in revenues, according to the median of 16 estimates in a Reuters poll.

$1 = 3.1731 reais Reporting by Marcela Ayres; Writing by Silvio Cascione

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